Bernie Sanders
Bernie Sanders
Bernard "Bernie" Sandersis an American politician, serving as the junior United States Senator from Vermont since 2007. Sanders is the longest-serving independent in U.S. congressional history. He has always caucused with the Democratic Party, which has entitled him to committee assignments and at times given Democrats a majority. Sanders became the ranking minority member on the Senate Budget Committee in January 2015; he had previously served for two years as chair of the Senate Veterans' Affairs Committee. He publicly identified...
NationalityAmerican
ProfessionPolitician
Date of Birth8 September 1941
CityBrooklyn, NY
CountryUnited States of America
Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.
Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.
We all remember the BP oil disaster in the Gulf of Mexico, the worst oil spill in U.S. history. What is less well known is that BP is claiming a 9.9 billion tax deduction on the money they had to spend cleaning up their own mess and paying for damages they caused. That is absurd.
If we completely repealed the estate tax, it would provide an estimated $32 billion tax break for the Walton family - the founders of Wal-Mart.
You can't become a billionaire stepping over children sleeping on the street.
Message to the billionaire class: You can't have it all!
In 2005, Republicans passed a 360-page reconciliation bill without a single Democratic vote that provided deep cuts to Medicaid and raised premiums on Medicare beneficiaries.
In 1940, then-Senator Harry Truman headed up a Senate Special Committee to Investigate the National Defense Program. In the course of World War II, more than $15 billion in unnecessary and fraudulent defense spending was identified.
The Koch brothers, through the expenditure of billions of dollars and the creation and support of dozens of extreme right organizations, have taken fringe extremist ideas and made them mainstream within the Republican Party.
Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.
For every $1 billion we invest in public transportation, we create 30,000 jobs, save thousands of dollars a year for each commuter, and dramatically cut greenhouse gas emissions.
In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs.
Coal and oil lobbyists added fossil fuels to a bill aimed at helping American manufacturers, so they too could claim 'manufacturing' tax deductions.
In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.