Taking aim at how profitable corporations avoid paying U.S. income taxes, 2016 Democratic presidential candidate Bernie Sanders slammed the wealthy heirs of the Walmart fortune, pointing out that U.S. taxpayers are the ones keeping their employees above the poverty line and not them.
Speaking at Iowa Wesleyan University, Sanders noted that questions have been raised as to how taxpayers will be able to afford some of the proposals he has put forward.
“I have been criticized a lot because people say, well you know, ‘Bernie’s ideas are really good, we like like the idea of creating jobs. But, you know, how is he going to pay for it?”‘ the Vermont Independent said.
Sanders then puckishly turned to the Walton family, heirs to the Walmart fortune.
“Just to give you an example of what a rigged economy is all about. I mentioned the Walton family — the wealthiest family in the world — being very appreciative that you are supporting them. They’re very happy about that,” he told the crowd.”And they asked me to send you their thanks.”
“They’re only worth 60 or 70 billion dollars and they do appreciate you paying taxes to help them subsidize their workers,” he continued. “This is how we’re going to pay to put 13 million Americans back to work rebuilding our crumbling infrastructure.”
Sanders then went on to note that the U.S. Treasury loses $100 billion dollars in taxes a year because large corporations are stashing their profits offshore.
“Three major profitable corporations not only pay nothing in federal income taxes, they actually got a rebate from the IRS,” he added, before adding for emphasis, “Three major corporations made over $100 billion in profit, paid nothing in taxes, and in fact, got a rebate from the I.R.S.”
“That’s how were going to pay to rebuild our infrastructure and put millions of people back to work.”
Watch video of Sanders in Iowa below:
‘They want to kill us’: Police in Massachusetts slammed for tear-gassing black protesters
The racial dynamics that launched nationwide protests were on full display in Brockton, Massachusetts on Tuesday night.
Here are some of the videos from the scene.
Brockton is the Blackest city in Massachusetts, nestled in a racist county with some of the worst inequality in the state.
NYC protesters defy curfew — with a profane message for Mayor Bill de Blasio
Protesters in New York City continued to march after 8 p.m. on Tuesday -- in open defiance of a curfew order from Mayor Bill de Blasio.
Jan Ransom, who covers courts and jails for The New York Times, posted video of protesters chanting, "f*ck your curfew."
Wonder what protesters think about @NYCMayor’s 8 pm curfew?
Just listen. pic.twitter.com/8H38XNGfQt
— Jan Ransom (@Jan_Ransom) June 2, 2020
Protesters march on mayor’s mansion in NYC as criticism grows against Bill de Blasio
New York City Mayor Bill de Blasio has been highly criticized for his response to the protests against police violence.
The mayor has been criticized by protesters and the press for violence inflicted by the New York Police Department.
President Donald Trump has repeatedly blasted the city's response.
Meanwhile, Gov. Andrew Cuomo (D-NY) also criticized the mayor, for not doing his job.
Here are some of the scenes of protesters marching on Gracie Mansion, the official residence of the mayor of NYC. Built in 1799, NYPD is trying to protect the building.