Sanders Announces Senate Budget Committee Hearing on Ending Our Rigged Tax Code

WASHINGTON – Sen. Bernie Sanders (I-Vt.) today announced that on Thursday, March 25 at 11 a.m., the Senate Budget Committee will hold a hearing on ending our rigged tax code and ensuring the wealthy and large corporations pay their fair share.

The United States today has more income and wealth inequality than almost any major country on Earth, and it is worse now than at any time since the 1920s. Over the past forty years, there has been an enormous transfer of wealth from the middle class to the wealthiest people in America.

This inequality is heightened by a tax system that allows for billionaires like Warren Buffet to pay less in taxes than their secretaries. From a moral, economic, and political perspective, our nation will not thrive when so few have so much and so many have so little. We need a tax system which asks the billionaire class to pay its fair share of taxes and which reduces the obscene level of wealth inequality in America.

The hearing, entitled “Ending a Rigged Tax Code: The Need to Make the Wealthiest People and Largest Corporations Pay Their Fair Share of Taxes,” will be livestreamed on the Budget Committee’s website and Sanders’ social media pages.

What: Hearing of the Committee on the Budget to consider “Ending a Rigged Tax Code: The Need to Make the Wealthiest People and Largest Corporations Pay Their Fair Share of Taxes.”
When: Thursday, March 25, 2021, 11:00 a.m.
Where: Room SH-216.
Who:
Abigail E. Disney, Chief Executive Officer & Co-Founder, Fork Films Chair & Co-Founder, Level Forward
Gabriel Zucman, Associate Professor of Economics University of California, Berkeley
Amy Hanauer, Executive Director, Institute on Taxation and Economic Policy
Maya MacGuineas, President, Committee for a Responsible Federal Budget
Scott A. Hodge, President, Tax Foundation

Additional witnesses to be determined.

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