Vermont SenatorBernie Sandershas hit out at US billionaires saying that these people suffer from addiction problems, adding that the most significant addiction crisis in America today is the 'greed of the billionaire class'. Making a statement while advocating for taxing billionaire, Sanders said, "These people suffer from an addiction problem. You know, we all know people, sadly, we all know people addicted to drugs, addicted to alcohol, addicted to tobacco, face many serious addiction problems. But do you know what the most significant addiction crisis in America is today? It is the greed of the billionaire class."
Sanders Rakes Argument Over Distribution of Wealth, Wants To Tax Billionaire
Sanders made the speech inLos Angelesas he equated billionaire greed to America's top addiction crisis while rallying for a California wealth tax on fortunes over $50 million.Sanders' arguments were based on wealth inequality backed by Oxfam data showing the richest 1% captured 63% of global wealth gains since 2020, positioning it as a moral imperative for policy reform.
At an evening rally near downtown, Sanders told cheering supporters that the nation has reached a crisis point in which “massive income and wealth inequality” has concentrated power over business, technology, government and the media within the “billionaire class,” while millions of working-class Americans struggle to pay household bills.He said enactment of the proposed tax would show “we are still living in a democratic society where the people have some power.”
“Enough is enough,” Sanders said to a pulse of applause. “The billionaire class cannot have it all. This nation belongs to all of us.”The senator, a democratic socialist, is popular in California — he won the 2020 Democratic presidential primary in the state in a runaway. He’s been railing for decades against what he characterizes as wealthy elites and the growing gap between rich and poor.
Shashwat Bhandari is the Associate Editor at Times Now. With 14 years of experience in the news and media industry, he understands the responsibility...View More
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