Bernie Sanders: Billionaires Should NOT Exist

Bernie Sanders just unveiled his "wealth tax" plan, how does it compare to Warren's? Cenk Uygur and Ana Kasparian discuss the wealth tax on The Young Turks. MORE TYT:

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"Even as Sen. Bernie Sanders’ progressive platform polls well among Democratic voters, consistently ranking second after Joe Biden, and even as he draws large crowds at rallies and lands 1 million donors (according to the Sanders campaign), his opponents respond with the same refrain: H0.ow is he going to pay for his plans like Medicare for All and the Green New Deal?

On Tuesday, Sanders answered, with “a tax on extreme wealth,” which CNN called “a hefty tax on the ultra-rich” which would cover many of the social welfare programs the Democratic presidential candidate and Vermont senator has proposed, including part of Medicare for All.

“I don’t think that billionaires should exist,” Sanders told The New York Times, adding that “This proposal does not eliminate billionaires, but it eliminates a lot of the wealth that billionaires have, and I think that’s exactly what we should be doing.” He was even more blunt on Twitter, writing, “there should be no billionaires.”*

Hosts: Cenk Uygur, Ana Kasparian

Cast: Cenk Uygur, Ana Kasparian

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)

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