Posted on 01/04/2019 8:53:52 AM PST by Sub-Driver
Alexandria Ocasio-Cortez Suggests Super Wealthy be Taxed Up to 70% to Fund Green New Deal
by Colby Hall | Jan 4th, 2019, 8:13 am
Rep. Alexandria Ocasio-Cortez sat with Anderson Cooper for an upcoming 60 Minutes interview set to air this Sunday, a portion of which has been released as a promotion. In the released segment, Ocasio-Cortez reveals how exactly she suggests paying for the environmental agenda known as the Green New Deal with remarkably higher tax rates for the super wealthy.
Ocasio-Cortez suggests in the clip that in her esteem, people should be doing more to pay their fair share. When Cooper pressed on how she could possibly pay for the deal, she pointed to the progressive tax rate system in the 1960s, explaining that if you earn 0 to $75,000 a year, you would only pay 10% or 15% in income tax.
She continued:
But once you get to the tippie tops, on your $10 millionth, sometimes you see tax rates as high as 60% or 70%. That doesnt mean all $10 million are taxed at an extremely high rate. But it means that as you climb up this ladder, you should be contributing more.
Cooper replied that she was proposing a radical agenda.
If thats what radical means, call me a radical, she said.
(Excerpt) Read more at mediaite.com ...
She is not stupid; they will settle for a “compromise” that is still higher than current taxes, and act as though they gave in. This dupe is just there to move the goalposts.
“Green” = “tax”
“We have our own nut case here in Seattle just like her.”
They always spout this nonsense from safe districts to steer the discussion (see “Black Caucus”).
(see Black Caucus).?????
The hate speech and radical BS spouted by members of the Congressional Black Caucus is only possible because they are in “safe” (gerrymandered) districts. Blacks have been given permanent representation in the House (as long as race-based voting persists), and they can abuse those pulpits attacking the hands that feed them ad nauseam - but those very gerrymandered, safe districts ensure they will always be a small part of the larger government.
Okay, thanks - got it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.