Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
- Posted on August 23, 2026
- By Fortune
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- 1 min read
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Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
Elon Musk argues America’s $40 trillion debt is too big for billionaire taxes to fix, but Bernie Sanders says a 5% tax could at least put $3,000 back in your pocket.
