‘Do you really need $150 billion?’ Bernie Sanders on taxing the uber-rich

Each week, Benjamin Law asks public figures to discuss the subjects we’re told to keep private by getting them to roll a die. The numbers they land on are the topics they’re given. This week, he talks to Bernie Sanders.

Well, congratulations. But we cannot maintain, in my view, a system – globally or in the United States – where so few have so much and so many have so little. Right now, three people in America own more wealth than the entire bottom half of American society. What I’m talking about is uber-capitalism. A lot of great people start a business, come up with some new innovation and are good entrepreneurs, god bless ’em. On the other hand, in America you have three Wall Street firms – BlackRock, State Street and Vanguard – that are the major stockholders in 95 per cent of American corporations. That’s excessive power.] Let’s say you’re a businessman. You start a business, you do really well, you make a product that people want. Great.

How do you respond to the headlines that highlight how Bernie Sanders – the socialist senator! – has amassed a $2.5 million fortune?

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