2019-2021 Town Halls: on Tax Reform


Tom Steyer: Unbearable inequality in most unfair tax regime I've seen

What we're seeing is unbearable inequality in this country. Unbearable inequality in terms of how much money people make, unbearable inequality in the most unfair tax regime I've ever seen, where rich people pay lower percentage of their income than working people. That is so un-American that it's hard to believe that it's true. And I think if you want to represent the Democratic Party, you have to realize that facing up to and reversing this inequality is job one.
Source: CNN Town Hall 2020 with Chris Cuomo Feb 24, 2020

Bernie Sanders: Supports progressive taxation; closing loopholes for wealthy

You're looking at somebody who not only voted against Trump's disastrous tax plan -- 83 percent of the benefits going to the top 1 percent -- but I have and will continue in this campaign to fight for progressive taxation. If you are doing very, very well in our economy, you should be paying your fair share of taxes. We will raise those taxes for the upper income people. We will do away with the tax loopholes and the tax breaks that large private corporations currently receive.
Source: CNN Town Hall 2020: 5 candidates back-to-back Apr 22, 2019

Elizabeth Warren: Proposes wealth tax for fortunes over $50 million

I started several months ago about a wealth tax, an ultra-millionaire's tax. It's 2 cents on every dollar of the great fortunes above $50 million. So, your 50 millionth and first dollar, you've got to pay 2 cents, and 2 cents on all of the dollars after that. If we put that 2 cent wealth tax in place on the 75,000 largest fortunes in this country, we can do universal child care & universal college, and still have nearly a trillion dollars left over.
Source: CNN Town Hall 2020: 5 candidates back-to-back Apr 22, 2019

  • The above quotations are from 2020 Presidential Primary CNN Town Halls.
  • Click here for definitions & background information on Tax Reform.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Bernie Sanders on Tax Reform.
  • Click here for more quotes by Pete Buttigieg on Tax Reform.
2020 Presidential contenders on Tax Reform:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Apr 07, 2021