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Here’s how Bernie Sanders made his millions — and why it matters in the 2020 election
CNBC ^ | SUN, MAY 26 2019 7:10 AM EDTUPDATED SUN, MAY 26 2019 9:40 AM EDT | Jacob Pramuk

Posted on 05/26/2019 12:57:11 PM PDT by E. Pluribus Unum

It turns out even democratic socialist authors can rake in cash. Just ask Bernie Sanders.

The independent senator from Vermont has enjoyed a recent windfall driven by book deals. In both 2016 and 2017, Sanders and his wife, Jane, had adjusted gross income of about $1.1 million, according to tax returns his 2020 presidential campaign released last month. The couple followed it up with about $560,000 in income last year.

The totals mark a stark increase from 2015, when they made roughly $240,000.

[CNBC is looking at how top 2020 presidential candidates accumulated their wealth. Check back for more updates.]

Sanders built a devoted following during his 2016 Democratic presidential primary bid against Hillary Clinton. His income spiked along with his fame. Now, the senator ranks among the “millionaires and billionaires” he has criticized during his nearly four decades as an elected official.

The tax returns raised questions about whether Sanders’ newfound wealth conflicts with his message. The senator, who wants to hike taxes on the wealthy to build up social programs such as “Medicare for All” and tuition-free public college, says his fatter wallet will not affect his plans. During a CNN town hall last month, Sanders responded to questions about his wealth by saying, “I plead guilty to have written a book which was an international best-seller.”

“But I think your question should ask, well, now that you wrote a book, you made money, is that going to mean that you change your policies?” Sanders continued during the event. “Well, you’re looking at somebody who not only voted against Trump’s disastrous tax plan — 83 percent of the benefits going to the top 1% — but I have and will continue in this campaign to fight for progressive taxation.”

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events; US: New York; US: Vermont
KEYWORDS: bernie; berniesanders; incometaxes; newyork; ocasiocortez; sanders; taxcutsandjobsact; taxreform; tcja; vermont
Much of the Vermont lawmaker’s income stems from book deals.

AKA "bribe laundering."

1 posted on 05/26/2019 12:57:11 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

IIRC his wife basically drove Burlington College into bankruptcy over a land deal she brokered.


2 posted on 05/26/2019 1:00:48 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: E. Pluribus Unum
Here’s how Bernie Sanders made his millions

You WILL buy Bernie's book, or be liquidated.

3 posted on 05/26/2019 1:03:17 PM PDT by Navy Patriot (America NEEDS Mob Rule, another European and Mid East World War and a universal Draft)
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To: E. Pluribus Unum

4 posted on 05/26/2019 1:04:28 PM PDT by BookmanTheJanitor
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To: Navy Patriot

Most of the people I know wouldn’t touch one of his books with a 10 ft. pole, so who’s buying them? Not counting the ones sold out of the 5¢ box at the yard sales..


5 posted on 05/26/2019 1:07:06 PM PDT by oldtech
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To: E. Pluribus Unum

Nothing stopping Bernie from giving all that money to the government.


6 posted on 05/26/2019 1:09:39 PM PDT by Tejas Rob
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To: E. Pluribus Unum

He made his two million or so selling books he wrote. The other 99 (maybe except for Rand Paul) made their millions from contributions from deep-pocket donors who in return got the votes they wanted.


7 posted on 05/26/2019 1:12:17 PM PDT by grania ("We're all just pawns in their game")
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To: grania
Or they get a guaranteed employment path to being a multimillionaire as Cantor and Ryan did.
8 posted on 05/26/2019 1:24:38 PM PDT by robowombat (Orthodox)
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To: robowombat

Media masters are framing the outcome again, with the Dems. Has the decision been made that none of the wannabbees will keep the nomination from Biden? This is going to backfire. It’ll be out there how much the other 99 US Senators and most Representatives sell out for their millions.


9 posted on 05/26/2019 1:34:54 PM PDT by grania ("We're all just pawns in their game")
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To: E. Pluribus Unum

“Wealth for me, but not for thee.”


10 posted on 05/26/2019 1:38:10 PM PDT by ProtectOurFreedom
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To: E. Pluribus Unum

By his own reasoning he should have made $15 an hour for the time it took to write his book.


11 posted on 05/26/2019 1:38:37 PM PDT by Spok
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To: Navy Patriot

Sanders wants your money, your guns and your property.
Of course, HE WILL KEEP all three


12 posted on 05/26/2019 2:05:55 PM PDT by WashingtonFire (We stand for God, For Country and for Trump)
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To: E. Pluribus Unum
So there's Trump,on the one hand,who made millions and then went into politics.On the other hand,there are those who went into politics and then made millions.

It's your choice to decide which is the more disturbing scenario.

13 posted on 05/26/2019 2:23:32 PM PDT by Gay State Conservative (A joke: Comey,Brennan and Lynch walk into a Barr...)
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To: All

Bernie bought and paid for. Book deals a way to forward bribes.


14 posted on 05/26/2019 2:39:05 PM PDT by Retvet (Retvet)
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To: E. Pluribus Unum

WHAT A HYPOCRITICAL NEWS STORY.

Where the bleep were you when Clinton was running, with all her book and uranium deals??? Not a word.

Bernie Sanders is proud of his book successes. He isn’t an extreme communist and doesn’t hate success. There is only one reason you’re slamming Bernie for 0.00004% of what the Clintons did when she ran. BECAUSE YOU KNOW BERNIE WONT KILL YOU FOR SAYING IT.


15 posted on 05/26/2019 2:44:05 PM PDT by Yaelle
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To: Retvet

Bernie is not bought and paid for. That’s why they hate him. Same as they did with Trump. He’s not buyable with sex or money, and doesn’t have huge scandals in his past to hide. That is why they fear him over the others. The others are all already bought or buyable.


16 posted on 05/26/2019 2:45:26 PM PDT by Yaelle
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To: grania
Media masters are framing the outcome again, with the Dems. Has the decision been made that none of the wannabbees will keep the nomination from Biden?

That's what I got out of the fact CNBC is running this piece.

17 posted on 05/26/2019 3:45:24 PM PDT by Fedora
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To: oldtech

Nobody he gets paid up front.


18 posted on 05/27/2019 5:29:48 AM PDT by gbaker
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