Sanders: “Top 1% is Now 3.7%”

Wisconsin — Hillary Clinton went on the attack tonight during the fifth Democratic Presidential debate. “Bernie Sanders wants to give away free college and free healthcare and free everything else, all without raising taxes. The Congressional Budget Office says his math doesn’t work. We don’t need a candidate who lives in fantasyland.”

Sanders responded by providing new details of his funding plan. “Under crony capitalism, the rich have gotten richer. They’ve gotten so rich that the top 1% has grown to 3.7%. In other words, we now have 270% more in the top 1%, which increases our revenue to 370%. Wall Street fat cats make up 47% of the top 1%, and they’ve added more than 70% of the  2.7% that’s been added to the 1%.  Let me be clear. The top 1/10 of 1% has increased by 200%, which makes the top 1/10 of 1% now 3/10 of 1%, which makes the top 1/10th of 1% actually the top 8% of 1% … of  0.1% … of 0.01% … of the top 1%.”

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