… live in the history of humanity, 400 families having 60% of all wealth in the United States, more than 150 million Americans combined paying 8% per year as an average, 400 families as an average of federal income tax, some paying $0, and then 50 of the largest corporations just last year paying $0 in federal income tax. And so when you see things like the Inflation Reduction act that help address some of that inequality, at the same time that we invest and meaningfully combat climate change, … (52:05–52:16)
CLAIM
Asserts that some of the wealthiest families and 50 large corporations paid $0 in federal income tax last year.
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.