Bloomberg would pay billions less under his tax plan than Sanders’

Edited by Ed Newman
2020-02-13 21:17:51

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New York, February 13 (RHC)-- In the U.S., Democratic presidential candidate Michael Bloomberg has released his tax plan, under which he would pay nearly $5 billion less under his wealth tax than he would under Senator Bernie Sanders’s proposal. 

According to a CBS analysis, Bloomberg’s plan would also generate far less government revenue than Sanders’s plan.  This comes as Bloomberg continues to face questioning about newly surfaced audio in which he defends the New York City Police Department’s controversial “stop-and-frisk” policies in 2015 at the Aspen Institute. 

New York Times columnist Charles Blow writes in a new opinion piece: “What Bloomberg did as mayor amounted to a police occupation of minority neighborhoods, a terroristic pressure campaign, with little evidence that it was accomplishing the goal of sustained, long-term crime reduction.  No amount of Democrats’ anti-Trump fear and panic will ever erase what Bloomberg did.  If Democrats cast aside all of these [other] candidates in favor of Bloomberg and his wealth, I fear they will be making it harder to defeat Trump in November.”
 



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