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Fortune
Fortune
Chloe Taylor

Bernie Sanders calls for income over $1 billion to be taxed at 100%

Democratic presidential candidate Sen. Bernie Sanders (I-VT) speaks at town hall at the National Motorcycle Museum on January 3, 2020 in Anamosa, Iowa. (Credit: Stephen Maturen—Getty Images)

Longtime wealth tax advocate Sen. Bernie Sanders has argued that all earnings above $1 billion in the U.S. should be confiscated by the government.

In an interview with HBO Max’s Who’s Talking to Chris Wallace, the Vermont senator was questioned about his long-standing view that billionaires should not exist.

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