Musk and Sanders Debate Billionaire Taxes and National Debt

Elon Musk argues that taxing billionaires cannot solve the $40 trillion national debt, while Bernie Sanders proposes a 5% tax on billionaires to provide checks to citizens.

23 Aug, 13:23 — 23 Aug, 13:23

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fortune1d ago

Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

Elon Musk argues America’s $40 trillion debt is too big for billionaire taxes to fix, but Bernie Sanders says a 5% tax could at least put $3,000 back in your pocket.

By Catherina Gioino

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Musk and Sanders Debate Billionaire Taxes and National Debt

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Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

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