Home Depot co-founder Ken Langone on Wednesday sounded off on Bernie Sanders over the Vermont senator and Democratic presidential candidate's newly unveiled plan to tax billionaires.
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“What the hell has he done for the little people?" Langone said during an interview on "Mornings with Maria." "What jobs has he created?”
Last week, Sanders announced a new tax plan, aimed at America’s wealthiest, that would levy a 1 percent tax on individuals with a net worth above $32 million, with increasing marginal rates topping out at 8 percent on net worth over $10 billion.
He also tweeted that "there should be no billionaires."
In addition, Sanders unveiled a new corporate tax plan that would essentially increase taxes on companies that compensate their CEOs much more than their workers.
Sanders also called out a number of companies, including Home Depot, over “exorbitant pay gaps between their executives and typical workers.”
Langone said the world’s largest home improvement retailer has created thousands of millionaires.
“Look [Bernard Marcus], [Arthur Blank] and I and [Pat Farrah] started Home Depot 41-years ago. We have over almost 500,000 people gainfully employed in that company today -- all providing for their families -- all building estates,” he said. “We have 3,000 kids that started with us in the parking lot -- That's the entry-level. They're still with us and they're multi-millionaires today ... it was a symbiotic thing.”