NEWS: As Republicans Move to Provide a $1.8 Trillion Tax Giveaway to Billionaires, Sanders Introduces Bill to Make the Wealthy Pay Their Fair Share

Press Release

"Over and over again, Republicans in Washington have professed their deep concern about the national debt and yet virtually all of them have signed onto legislation that would provide a $1.8 trillion tax giveaway to billionaires by repealing the estate tax. How absurd is that? At a time of massive wealth and income inequality, we need to make sure that people who inherit over $3.5 million pay their fair share of taxes. We do not need to provide a huge handout to multi-millionaires and billionaires. It is unacceptable that working families across the country today are struggling to file their taxes on time and put food on the table, while the wealthiest among us profit off of enormous tax loopholes and giant tax breaks. The legislation that I am introducing today will begin to reform our rigged tax code that has benefitted the wealthy and powerful for far too long."

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