NYC Boss

NYC Boss

Bernie Sanders: Says income tax rates under Eisenhower were as high as 90 percent.

The Truth-o-Meter says: True | Income tax rates were 90 percent under Eisenhower, Sanders says

U.S. Sen. Bernie Sanders, I-Vt., wouldn’t reveal just how high he’d raise income taxes on the rich during the Iowa presidential debate, but he guaranteed it wouldn’t be as much as it has been in the past. In order to pay for making college tuition-free for Americans, Sanders said that Wall Street owed the middle class for bailing it out during the recent financial crisis. He said he would demand "that the wealthiest people and the largest corporations, who have gotten away with murder for years, start paying their fair share." "Well, let’s get specific, how high would you go?" …

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