Senator Bernie Sanders on Monday defended his tax returns at a heated Fox News city corridor in Bethlehem, Pennsylvania, after releasing 10 years of tax paperwork on-line minutes earlier than the occasion started.
Although the Democratic senator and 2020 presidential candidate has by no means denied his standing as a millionaire, the discharge of his tax returns spanning 10 years proved how his 2016 presidential run elevated him into wealth. In 2015, Sanders and his spouse Jane Sanders pulled in $240,622, in line with the returns posted to his marketing campaign web site. A yr later, the determine soared to $1,073,000 after Sanders’ newly-earned political standing from launching his first White House bid drew in substantial royalties via his bestselling guide “Our Revolution,” launched November 2016.
During Sanders’ Fox News city corridor, Joe Basrawi, a scholar and viewers member, requested the senator how he “plans to apply the policies” he’s been “talking about enforcing on top earners” now that his “tax returns have been released” proving he’s a millionaire and within the prime one p.c.
Sanders, a self-identified democratic socialist, began his response by reiterating his help for a wealth tax and distaste for the Republicans’ newest tax cuts.
“We have an absurd tax system. While millions of people today are paying more in taxes than they anticipated, Amazon, Netflix and dozens of major corporations as a result of Trump’s tax bill paid nothing in federal taxes. I think that’s a disgrace,” Sanders stated, earlier than addressing his standing as a millionaire.
“You raised the issue I am a millionaire. Well actually this year we had $560,000 in income, and that’s a lot of money, and that money in my case, my wife’s case, it came from a book that I wrote. Pretty good book. You might want to read it,” the senator continued because the viewers responded with laughter and applause.
“It’s a best-seller, sold all over the world, we made money. So if anyone thinks that I should apologize for writing a best-selling book, I’m sorry, I’m not going to do it,” Sanders added.
Sanders then tackled criticisms from conservatives that he personally “benefited from Trump’s tax bill.”
Turning to Fox News hosts Bret Baier and Martha McCallum, Sanders requested: “Did you tell people I voted against Trump’s tax bill?”
Later within the phase, Baier requested Sanders why he didn’t refuse to take Trump’s tax cuts. “I pay the taxes that I owe, and by the way, why don’t you get Donald Trump up here and ask them how much he pays in taxes?” the senator replied sharply.
In a statement addressing the tax returns, Sanders stated the paperwork “show that our family has been very fortunate.”
“I consider paying more in taxes as my income rose to be both an obligation and an investment in our country. I will continue to fight to make our tax system more progressive so that our country has the resources to guarantee the American Dream to all people,” he added.
Sen. Bernie Sanders defended his standing as a millionaire throughout a Fox News city corridor on Monday. Fox News screenshot