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      Jamie Dimon Puzzled By 'Fair Share' In Bernie's Billionaire Tax Plan; Sanders Says 'Let Me Clear Things Up For You

      On Tuesday, JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon and Sen. Bernie Sanders (I-Vt.) clashed over billionaire taxes.

      Dimon Questions ‘Fair Share' Narrative

      Dimon pushed back on calls to increase taxes on the wealthy during an appearance on FOX & Friends, saying he does not understand what Sanders means by billionaires not paying their "fair share."

      "I’ve listened to that my whole life and I don’t know what he means," Dimon said, referring to Sanders.

      Dimon argued that simply raising taxes would not address structural issues facing Americans. Instead, he suggested the focus should be on fixing policy gaps and improving how government funds are used.

      He said that many Americans believe additional tax revenue could be misallocated toward political or special interests.

      The JPMorgan chief noted that pro-growth policies, including regulatory reform, immigration changes and merit-based systems.

      He also proposed expanding income tax credits for low earners, suggesting the government could double such benefits to boost economic mobility and community spending.


      Full story available on Benzinga.com


      Source: Benzinga
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