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Trump Tax Law Saved Sanders Nearly $40,000 Last Year

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Millionaire socialist benefitted from Trump tax plan

Sen. Bernie Sanders / Getty Images

BY:  / Washington Free Beacon.

Sen. Bernie Sanders (I., Vt.) saved roughly $38,000 in taxes thanks to the Tax Cuts and Jobs Act, the Republican-passed tax cut championed by President Donald Trump which the New York Times recently admitted cut most Americans’ taxes.

Sanders released ten years’ worth of tax returns Monday night, fulfilling a long-standing promise to do so. The returns indicated that Sanders is now a millionaire, having collected more than $1 million in 2016 and 2017 thanks to the sales from his books Our Revolution and Bernie Sanders Guide to Political Revolution.

Sanders dodged questions about his new-found wealth during a Monday night townhall on Fox, declining to say if he would pay a top tax rate of 52 percent, the highest bracket proposed during his 2016 run for the White House. He also did not respond to a question from Fox’s Martha MacCallum about if he would voluntarily give money to the government to bring his tax bill up to what he thought a fair rate was.

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