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Sen. Bernie Sanders: Tax Bill Would Give $52 Billion Break to Walton Family

HeadlineOct 04, 2017
 h05 money

The Republican push for massive tax cuts comes as tax policy groups warn Trump’s plan would overwhelmingly benefit the wealthiest 1 percent of Americans. On the Senate floor, Vermont independent Senator Bernie Sanders said Tuesday that cuts to the estate tax alone would shower tens of billions of dollars of tax breaks on the Koch brothers and the Walton family, heirs to the Wal-Mart fortune.

Sen. Bernie Sanders: “Does anybody for one second think that at a time when so many of our people are struggling, when we have a $20 trillion national debt, that we should be passing legislation that gives the wealthiest family in this country up to a $52 billion tax break by repealing the estate tax?”

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