We're gonna [raise] four point six trillion dollars by taxing billionaires.
OverstatedAbdul El-Sayed, at Michigan U.S. Senate General Election Debate 1 (WOOD TV8)
6 hrWhy this verdict View evidenceHide evidence
Why we checked itSpecific revenue figure attributed to a billionaire tax policy — verifiable against independent budget analyses or scoring of such proposals.
What we foundThe leading estimate for raising revenue by taxing billionaires under the Sanders-Khanna plan (which El-Sayed backs) is $4.4 trillion, not $4.6 trillion; the $4.6 trillion figure in Sanders's own bill summary refers to how much billionaire wealth grew, not to tax revenue raised.