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◆ Mixed look for SandersTaxesEconomy

Bernie Sanders and Robert Reich attack billionaire class for greed 'addiction'

Sanders backed California’s proposed wealth tax and argued that billionaire wealth accumulation reflects a broader moral problem.

Bernie Sanders and Robert Reich attack billionaire class for greed 'addiction'
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Outlet credibilityFox Business74/100 HIGH
This article1 analysis · Oct 10, 2026
Feb 19, 2026
tl;dr

Bernie Sanders and Robert Reich urged support for higher taxes on billionaires, arguing that wealthy residents would largely stay in California and New York. Their comments come amid proposals for a California wealth tax and changes to New York City taxes.

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Bernie Sanders I · VT · SEN

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  • Readers of left-leaning coverage: 60% good look
  • Readers of right-leaning coverage: not enough votes yet
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Bernie Sanders
I · VT · SEN

Senator speaking in support of California’s proposed wealth tax

PRIMARY SUBJECT
ALSO MENTIONED  Robert Reich, Former labor secretary advocating for higher taxes on wealthy residents; Gavin Newsom, California governor opposing the proposed wealth tax; Kathy Hochul, New York governor described as reluctant to support higher taxes on the wealthy; Mike Bloomberg, Former New York City mayor cited as a historical example; Zohran Mamdani, New York City mayor urging the state to tax the ultra-wealthy

Part of a bigger story

10 OUTLETS
Bernie Sanders Rallies for California Billionaire Wealth Tax Measure

Outlets agree Sanders rallied in Los Angeles for a proposed California tax on billionaires. Left-leaning outlets foreground Sanders’s effort to build support for the tax and opposition from billionaires and Newsom. Center outlets describe his support alongside Newsom’s opposition, with some stressing the Democratic divide and the measure’s path to the ballot. Right-leaning outlets pair his tax advocacy with criticism of his private-jet travel or characterize the proponents’ remarks as attacks on billionaires.

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