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Bernie Sanders: "top 1% owns more wealth than the bottom 95%"

Who was it that said something about, "eventually you run out of other people's money"?

Bernie should listen to them.

Bernie is old, thus is assured that wouldn’t happen during his lifetime. BTW, Bernie used to rant about millionaires and billionaires, but since it became known that he’s a millionaire he now only rants about billionaires.
 
When that kid murdered that healthcare CEO, the left cheered him on. This is all evidence as to why Marxism is still relevant today.
These people aren't Marxists. They own homes and businesses. They take the highest bid when selling either.

Many won't admit this because they're accustomed to hating capitalism and capitalists, never admitting, they too are capitalists.

Best to call them out on their faux- anti-capitalist position than to claim they are something they are not.
 
These people aren't Marxists. They own homes and businesses. They take the highest bid when selling either.

I didn't say they were Marxists, I said Marx is still relevant today.

Look at the title of this thread. The unstated assumption is the rich getting richer makes the rest of us poorer. The capitalists get rich by exploiting the worker. Gains for capital = losses for labor. It's the same toxic pile of shit that's been around for over 150 years now.
 
Ahh Bernie, tsk tsk. You are considered the 1% to most Americans.
 
Bernie is in the top 1%.

As of 2025, his estimated net worth is $15 million, with an annual income of $2 million from his Senate salary, book royalties, investments, and other financial interests.

People with the top 1% of net worth in the U.S. in 2025 will have $11.6 million in net worth

Last time I checked $15 million is greater than $11.6 million. Bernie is just part of the the Democrat nomenklatura.
 
I didn't say they were Marxists, I said Marx is still relevant today.

Look at the title of this thread. The unstated assumption is the rich getting richer makes the rest of us poorer. The capitalists get rich by exploiting the worker. Gains for capital = losses for labor. It's the same toxic pile of shit that's been around for over 150 years now.

The wonders of ‘democracy’ allow the less rich majority to decide how much the more rich should pay in taxes.
 
Who was it that said something about, "eventually you run out of other people's money"?

Bernie should listen to them.

The rich certainly don’t seem to. They suck every bit of money they can out of the 99% and are never satiated and go after more.
 
It's time to tax billionaires into extinction. Redistribute all their wealth to the people. Enough is enough!!


Just wait until all the people realize that ending billionaires enough and then they come for the millionaires.

Funny how Bernie justifies his own wealth no problem.
 
The wonders of ‘democracy’ allow the less rich majority to decide how much the more rich should pay in taxes.

It doesn’t seem to be working that way at all. The rich buy government influence and get rewarded with lower taxes instead of footing the bill for the system that keeps them rich. No one else can afford such an investment in government that is so financially rewarding. We really should be exercising our voting power to make the rich pay their way, but voters are too uninformed, complacent, and encouraged to fight each other to see the true enemy who lords over them.
 
Who was it that said something about, "eventually you run out of other people's money"?

Bernie should listen to them.
That's exactly what's happening. Our economy has been transferring wealth from almost everyone else to the very top for the last 40 years. There's not much left for the billionaire class to suck up.
 
It doesn’t seem to be working that way at all.

Because there are too few who support those like Bernie.

The rich buy government influence and get rewarded with lower taxes instead of footing the bill for the system that keeps them rich. No one else can afford such an investment in government that is so financially rewarding. We really should be exercising our voting power to make the rich pay their way, but voters are too uninformed, complacent, and encouraged to fight each other to see the true enemy who lords over them.
 
Bernie said top 1%. That is $11.6 MILLION of net worth. Maybe Bernie should be clearer because he is definitely in the top 1%.

That amount seems to be a bit dated, but I doubt Bernie (with a net worth of about $3M) is in the top 1%.

 
That amount seems to be a bit dated, but I doubt Bernie (with a net worth of about $3M) is in the top 1%.

Read the first link I posted. Bernie’s net worth is $15 MILLION. Not $3M.


Guess he really enjoys those private plane flights with AOC.
 
Read the first link I posted. Bernie’s net worth is $15 MILLION. Not $3M.


Guess he really enjoys those private plane flights with AOC.

Your source seems to be an outlier, since most cite his net worth at between $2.5M and $3M.
 
Your source seems to be an outlier, since most cite his net worth at between $2.5M and $3M.
So that puts Bernie in the top 2%. He is still a “rules for thee, not for me” kind of guy.

  • The top 2% will have a net worth of $2.7 million
  • The top 5% will have $1.17 million
 
It's time to tax billionaires into extinction. Redistribute all their wealth to the people. Enough is enough!!

Bernie used to rail against millionaires until he became a millionaire. Now he just rails against billionaires.

So here’s my counterproposal: We’ll tax billionaires AND millionaires out of existence. That way, we’ll eradicate all the shitty crony Capitalists on the Right and Left in addition to all those Leftist Elitist millionaires like Sanders and Elizabeth Warren so that they, too, can enjoy the fruits of the Socialist ideology that they seek to impose on everyone else.

Mark
 
Bernie used to rail against millionaires until he became a millionaire. Now he just rails against billionaires.

So here’s my counterproposal: We’ll tax billionaires AND millionaires out of existence. That way, we’ll eradicate all the shitty crony Capitalists on the Right and Left in addition to all those Leftist Elitist millionaires like Sanders and Elizabeth Warren so that they, too, can enjoy the fruits of the Socialist ideology that they seek to impose on everyone else.

Mark
This type of talk by Sanders plays to smaller group of young people who are impressionable. You could eradicate all millionaires and billionaires and the political elite class would continue to thrive and accumulate. Why some voters don't realize this kind of talk is just class warfare being used as a political wedge is beyond me.
 
You must be joking calling the wealthy criminals.
Your economic guru, /s has only held odd jobs outside of his elected position in congress.

As always, Sanders oversimplifies, without noting wealth creation often stems from innovation and that his redistribution policies, or in your words wealth confiscation, could harm rather than help the economy.

Ironically, Sanders became wealthy selling his myopic wealth distribution claptrap to the class envious. Pretty good gig. His books brought Sanders approximately $2.5 million from advances and royalties between 2011 and 2023.
I agree with this to some degree. If your primary motivation for innovating is wealth, why would you continue innovating if there is no opportunity for greater wealth? Taxing billionaires into oblivion by creating a 100% tax bracket is a bad idea, but what if instead of 100% it was 50%, or even 90%? Would someone lose all motivation to innovate if an opportunity to create something earned them $500 million or $100 million instead of a $1 billion?
 
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