… could afford a home in a nice safe neighborhood that is out of reach for so many young people today for a lot of reasons. One of the reasons is Through tax policy we have transferred an enormous amount of wealth from hard working Americans to the wealthiest Americans. If you adjust for inflation, if you go back to when Ronald Reagan was president and you adjusted for inflation to get to today, the richest person today would be … (01:22–01:30)
CLAIM
Asserts that tax policy has shifted wealth from middle-class Americans to the wealthiest.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
