Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

"What this is about," said Sen. Bernie Sanders on CNN's State of the Union Sunday morning, "is fulfilling Republican promises made to wealthy campaign contributors. There is a reason why the billionaire class provides hundreds of millions of dollars in campaign contributions to Republicans. And now is payback time." (Image: Screenshot/CNN)

Sanders: Trump Spewing 'Total Nonsense' Over GOP Tax Giveaway for Billionaires

"There is a reason why the billionaire class provides hundreds of millions of dollars in campaign contributions to Republicans. And now is payback time."

Common Dreams staff

Sen. Bernie Sanders (I-Vt.) described President Donald Trump's claim that Democrats are obstructing progress on tax overhaul efforts in Congress as "total nonsense" on Sunday.

"This is a terrible, terrible piece of legislation and it must be defeated." —Sen. Bernie Sanders"Democrats," Sanders told Jake Tapper on CNN's Face The Nation, "have been shut out of this process just as they were shut out of the healthcare legislation process."

Going further, Sanders said that Trump "should understand" exactly what's going on and why Democrats, as well as a large majority of the U.S. public, do not like or trust what the Republicans in Congress are attempting to do with what they call "tax reform" but which progressive critics have identified—and numerous analyses have shown—as nothing more than a "tax scam" that gives to the rich at the expense of the lower- and middle-classes.

Watch:

"What this is about," said Sanders, "is fulfilling Republican promises made to wealthy campaign contributors. There is a reason why the billionaire class provides hundreds of millions of dollars in campaign contributions to Republicans. And now is payback time. What this legislation is about, Jake, is giving 50% of the tax benefits to the top 1% — and at the end of ten years in the House bill, forcing almost 50% of the middle class to actually pay more in taxes."

"What this tax reform bill is about—absolutly and insanely," he continued, "is repealing the estate tax; a $265 billion tax break, not for the top 1% but for the top 0.2%—a handful of the wealthiest families in this country, like the Walton family and the Koch brothers." All of this, Sanders concluded, as the Republicans willingly explode the annual deficit by $1.5 trillion in order to later argue that Social Security, Medicare, and Medicaid must be cut. "This is what [Speaker of the House] Paul Ryan is saying. They're gonna come back with massive cuts [to those programs], because they say, 'Oh my goodness, the deficit and the national debt are too high.' This is a terrible, terrible piece of legislation and it must be defeated."


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

First Stop for Cuellar After FBI Raid? An Anti-Choice Event

"Despite being under an FBI investigation," said progressive primary challenger Jessica Cisneros, the congressman from Texas "has once again proven that nothing can stop him from opposing our reproductive rights and freedoms."

Brett Wilkins ·


House Calls Big Oil Board Members to Testify on 'Phony' Net-Zero Pledges

"It's critical that Congress holds these companies accountable and exposes the industry's fake climate pledges for the fraud that they are," said one supporter of Democrats' probe.

Jessica Corbett ·


'Time for Citizens United to Go': US Oligarchs Poured $1.2 Billion Into 2020 Elections

The figure represents a 39-fold increase compared to spending in 2010, the first election held after the widely decried ruling by the U.S. Supreme Court.

Jake Johnson ·


Biden Praised for $15 Minimum Wage Hike for All Federal Workers

"Setting a new $15 per hour wage floor for federal government work will encourage employers across the country who are currently paying poverty wages to compete for labor and start paying fairer rates."

Brett Wilkins ·


Sotomayor Excoriates Majority for 'Egregious' Attack on Texas Women

"This case is a disaster for the rule of law and a grave disservice to women in Texas, who have a right to control their own bodies," said the justice. "I will not stand by silently as a state continues to nullify this constitutional guarantee."

Julia Conley ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.


Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo