{"id":1921995,"date":"2023-05-01T09:47:27","date_gmt":"2023-05-01T13:47:27","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bernie-sanders-calls-for-confiscation-of-wealth-above-999-million\/"},"modified":"2023-05-01T09:47:27","modified_gmt":"2023-05-01T13:47:27","slug":"bernie-sanders-calls-for-confiscation-of-wealth-above-999-million","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bernie-sanders-calls-for-confiscation-of-wealth-above-999-million\/","title":{"rendered":"Bernie Sanders Calls for Confiscation of Wealth Above $999 Million"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbernie-sanders-calls-for-confiscation-of-wealth-above-999-million%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1921995&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0501\/8d8240ab-a26a-4273-af4b-6514c473f146\/audio.mp3?length=3608685&#038;duration=301\"><\/div>\n<\/p>\n<p>Senator Bernie Sanders (I-Vt.) called for the U.S. government to confiscate assets over $999 million, and also announced his support for President Joe Biden.<\/p>\n<p>The senator spoke with CNN anchor Chris Wallace last week for an interview when he declared that billionaires should not exist.<\/p>\n<p>Sanders said he believes that the government should seize personal assets over his suggested limit before any American could become a billionaire.<\/p>\n<p>He appeared on Wallace\u2019s show to talk about his new book, \u201cIt\u2019s OK to Be Angry About Capitalism.\u201d<\/p>\n<h2>Sanders Calls for High Taxes to Reduce Existing Number of Billionaires<\/h2>\n<p>A former Democratic party presidential candidate, in 2016 and 2020, the senator amassed huge support in the primaries and raised large amounts of money, but failed to secure the nomination each time.<\/p>\n<p>The CNN host questioned Sanders about a statement in his book that called for the government to prevent the creation of new billionaires.<\/p>\n<p>\u201cSo are you basically saying that once you get to $999 million, that the government should confiscate all the rest?\u201d Wallace asked.<\/p>\n<p>\u201cYeah, I think people can make it on $999 million,\u201d Bernie responded.<\/p>\n<p>\u201cWhich would mean that all these billion dollars, basically, it all goes to the government,\u201d said Wallace.<\/p>\n<div>\n<p>Sanders recently got into an exchange during\u00a0a contentious Senate hearing over Starbuck\u2019s labor practices, with a not too subtle remark on\u00a0the billionaire status of the company\u2019s former CEO, Howard Schultz.<\/p>\n<p>\u201cThe fundamental issue we are facing today is whether we have a system of justice that applies to all\u2014or whether billionaires and large corporations can break the law with impunity,\u201d said Sanders.<\/p>\n<p>\u201cYour [billionaire] moniker constantly is unfair,\u201d responded Schultz, adding, \u201cYes, I have billions of dollars. I earned it. No one gave it to me. And I\u2019ve shared it constantly with the people of Starbucks.\u201d<\/p>\n<\/p><\/div>\n<h2>Democrat Senators Push Proposed Tax Legislation<\/h2>\n<p>Bernie, who is himself worth $3 million, <a href=\"https:\/\/www.gobankingrates.com\/net-worth\/politicians\/bernie-sanders-money\/\">according to GoBankingRates,<\/a> previously criticized both millionaires\u00a0and billionaires, but now only opposes those worth over a billion dollars.<\/p>\n<p>\u201cIn your book you say flatly, billionaires should not exist,\u201d said Wallace, who defended billionaires like Sam Walton and Elon Musk for building businesses that employ hundreds of thousands of workers.<\/p>\n<p>\u201cThat\u2019s right,\u201d Sanders responded, adding, \u201cyou can have a vibrant economy without three people owning more wealth than the bottom half of American society.\u201d<\/p>\n<p>\u201cDo I think people who work hard, create new businesses should become rich? I do. Do I think they should have $50 billion or $100 billion when you have got half a million people who are homeless in America today, when you have 85 million people who can\u2019t affor<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senator Bernie Sanders (I-Vt.) called for the U.S. government to confiscate assets over $999 million, and also announced his support for President Joe Biden. The senator spoke with CNN anchor Chris Wallace last week for an interview when he declared that billionaires should not exist. Sanders said he believes that the government should seize personal<\/p>\n","protected":false},"author":327,"featured_media":1921996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[25436,4720,3755,4761,3981,7511],"class_list":["post-1921995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-25436","tag-bernie","tag-calls","tag-confiscation","tag-sanders","tag-wealth"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1921995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/327"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1921995"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1921995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1921996"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1921995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1921995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1921995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}