Monday, January 16, 2012

Sen. Bernie Sanders: Congress Represents The One Percent

Interviewed by Dylan Ratigan, Senator Bernie Sanders (I-VT) speaks about how the one percent dominates Congress through campaign contributions and lobbying. Despite popular calls for the wealthy to pay more in taxes and the outrage over corporations paying no taxes, Congress represents its powerful patrons and ignores the needs of the majority. Watch:


Michael The Molar Maven said...

I have mixed feelings on corporate taxes. Corporations are businesses. Higher taxes lead to higher prices. And who gets hurt most when prices increase? The poor. Corporate taxes translate to the most regressive form of taxation - a sales tax.

Jeff Tone said...

At least the consumer often has a choice as to whether or not to purchase a product. Among other corporations, GE's paying no taxes cannot help our economy.