The Trump tax law saved millionaire socialist Bernie Sanders $38K last year.
The 2020 candidate for president released 10 years of tax returns that show he earned more than $1 million in income in 2016 and 2017.
He saved nearly $40,000 in 2018 under the new Republican tax law passed in 2017 compared with what would have happened if his own 2016 proposed tax legislation had been enacted.
— FreedomsDefenseFund (@FreedomsDF) April 18, 2019
Sen. Bernie Sanders (I., Vt.) saved roughly $38,000 in taxes thanks to the Tax Cuts and Jobs Act, the Republican-passed tax cut championed by President Donald Trump which the New York Times recently admitted cut most Americans’ taxes.
Sanders released ten years’ worth of tax returns Monday night, fulfilling a long-standing promise to do so. The returns indicated that Sanders is now a millionaire, having collected more than $1 million in 2016 and 2017 thanks to the sales from his books Our Revolution and Bernie Sanders Guide to Political Revolution.
Sanders dodged questions about his new-found wealth during a Monday night townhall on Fox, declining to say if he would pay a top tax rate of 52 percent, the highest bracket proposed during his 2016 run for the White House. He also did not respond to a question from Fox’s Martha MacCallum about if he would voluntarily give money to the government to bring his tax bill up to what he thought a fair rate was.
If he did, or if his tax plan were implemented, Sanders would increase his tax liability by nearly 30 percent, analysis of his tax returns indicates. More
Bernie’s getting really touchy on the subject of millionaires, now that he’s one of them.
Like all the rest of his party, he oozes hypocrisy from every single pore and lies as easily as he breathes. Yet the sheeple keep following him as if he actually serves some noble purpose.
— Florida GOP (@FloridaGOP) April 17, 2019
— Meg the Dreg 🌟🌟🌟 (@fedupcitizen16) April 17, 2019