'It's time to fork out': Sanders proposed a new income tax during the pandemic
Democratic Senator Bernie Sanders, who ran for the Democratic nomination for the 2020 presidential election, has proposed a 60 percent tax on billionaire wealth gains during the pandemic. "Voice of America".
Sanders suggests using the funds thus obtained to pay for Americans' health expenses for a year that are not covered by health insurance.
“Growth in Billionaire Wealth During the Pandemic: Jeff Bezos + $ 71 Billion; Walton family + $ 21 billion; Mark Zuckerberg: + $ 38 billion By introducing a 60 percent tax on the wealth gains of 467 billionaires, we can cover the direct costs of Americans on health for a whole year, ”the senator wrote on Twitter.
Sanders also calculated how much wealthy Americans would have to pay in taxes. Amazon owner Jeff Bezos would have to make a one-time payment of $ 42,8 billion, Elon Musk - $ 27,5 billion, Mark Zuckerberg - $ 22,8 billion.
“In a time of extreme economic pain and suffering, we are faced with a fundamental choice,” The Hill quoted the Democratic legislator as saying. “We can continue to allow the rich to get richer while everyone else is getting poorer. Can we levy the winnings of a handful of billionaires to improve the health and well-being of tens of millions of Americans? ”
Sanders' proposal was supported in the MoveOn political campaign.
“It's time for the super-rich to fork out,” representatives of the organization wrote on Twitter.
The coronavirus pandemic in the United States is accompanied by a significant contraction of the American economy. According to the US Department of Commerce, in the second quarter of 2020, the country's GDP contracted by almost 33%.
“The economic shock of April, May and June was more than three times sharper than the previous record of 10% in 1958 and almost 4 times worse than during the worst quarter during the Great Depression,” notes the American edition of NPR.
Read also on ForumDaily:
stdClass Object ([term_id] => 12 [name] => In the US [taxonomy] => category [slug] => novosti-ssha)In the U.S.
stdClass Object ([term_id] => 9469 [name] => billionaires [taxonomy] => post_tag [slug] => milliardery)billionaires
stdClass Object ([term_id] => 14765 [name] => wealth [taxonomy] => post_tag [slug] => bogatstvo)wealth
stdClass Object ([term_id] => 26429 [name] => pandemic [taxonomy] => post_tag [slug] => pandemiya)pandemic
Let's face the crisis together and support each other
Thank you for staying with us and trusting! Over the past 5 years, we have received a lot of grateful feedback from readers, whom our materials have helped to arrange life after moving to the United States. We have big plans, we do not want to stop or slow down the pace of work. Even now…
The COVID-19 pandemic has negatively affected our income, and in order to stay afloat, we have to ask YOU for support. We will be grateful for any amount and will make every effort to continue to publish news and a lot of useful information just as quickly.
Thank you for being with us!
Always yours, ForumDaily!
Security of contributions is guaranteed by the use of the highly secure Stripe system.
Do you want more important and interesting news about life in the USA and immigration to America? Subscribe to our page in Facebook. Choose the "Display Priority" option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram - there are many interesting things. And join thousands of readers ForumDaily Woman и ForumDaily New York - there you will find a lot of interesting and positive information.