CNN "State of the Union" interviews during 2017: on Corporations


Bernie Sanders: Only the top 2/10 of 1% pay the estate tax

SANDERS: Quoting the "Wall Street Journal", October 29th, 2015: "Ted Cruz's new tax plan delivers its biggest benefits to the top 1 percent of U.S. households, adding about one-third to their after-tax income." Here is the economic reality facing America. In the last 35 years, there has been a massive transfer of wealth from the middle class and the working class to the top one-tenth of 1 percent. We are talking about trillions of dollars. Ted's response to that is he's going to support the repeal of the estate tax, correct? You're on record in doing that.

CRUZ: Among many things.

SANDERS: Among many other breaks to billionaires.

CRUZ: I don't want to bankrupt small business owners.

SANDERS: The only people who pay the estate tax are the top two- tenths of 1 percent. It would cost us over $200 billion. And as Ted said, it goes on and on and on.

Source: CNN 2017 Town Hall debates: Ted Cruz vs. Bernie Sanders Feb 7, 2017

  • The above quotations are from CNN "State of the Union" interviews during 2017
    (Jake Tapper and Dana Bash interviewing candidates for 2017-18 races).
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Mike Pence on Corporations.
2016 Presidential contenders on Corporations:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI) 		Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Jan 06, 2019