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Sen. Bernie Sanders, a self-described socialist, called for a progressive estate tax on multi-millionaires and billionaires during a speech on Saturday.
“A nation will not survive morally or economically when so few have so much while so many have so little,” Mr. Sanders said at the Vermont AFL-CIO annual convention.
“We need a tax system which asks the billionaire class to pay its fair share of taxes and which reduces the obscene degree of wealth inequality in America,” said Mr. Sanders, an independent who caucuses with the Democrats.
37 Mozambique 45.6
38 Jamaica 45.5
39 Bulgaria 45.3
40 Uruguay 45.3
41 United States 45.0
42 Philippines 44.8
43 Cameroon 44.6
44 Guyana 44.6
45 Iran 44.5
46 Uganda 44.3
47 Nigeria 43.7