Posted on 01/17/2019 7:45:51 AM PST by ETL
New York Democrat Rep. Alexandria Ocasio-Cortez relies on a lot of economic ignorance to get you to believe what's not true could be true.
The reason she prefers to use a marginal tax rate as a talking point is because she believes it wouldn't affect the overwhelming majority of Americans and that she can get public support for it. She assumes that most Americans will say, Hey, it's not gonna affect me -- it's just going to screw people who make $10 million or more.
The problem is, (and I'll give you some numbers in just a moment) her entire basis - the economic basis - for this is nonsense is based on garbage talking points.
Now, just to be clear. Lets say you made $11,000,000 -- you would pay a 30 percent tax rate on every dollar you made from zero to $10 million. You would only pay that 70 percent rate on a million bucks.
Well, where's the million dollars come from? It comes from the million you made over $10 million. If you make $11,000,000 per year, you would only pay that 70 percent rate on $1,000,000.
(Excerpt) Read more at foxnews.com ...
It was a great rant at the end of his podcast yesterday
She’s an upjumped bartender. She could donate 70 percent of her salary and still think she’s in hog heaven.
AOC went from being a bartender to making $14,500 a month. Giving up at least 50% to stand for her ideals should be simple.
She’s not wealthy yet. It takes members of CONgress a year or two to figure out the corruption revenue streams.
By the time she’s ready to run for president, her bank account will be very healthy indeed.
Ignorant and Arrogant.
Barak showed the way.
Needs to be more specific.
70% of any income
Soros might quietly make up the difference.
eeeekkk!!!!
What is the media’s fascination with this incredibly stupid woman? She won as a Democrat and in overwhelmingly Democrat NYC district.Nothing special. There are 435 Congresspeople, many very stupid. Why has this lowly freshman been chosen to supplant veteran dummy Maxine Waters in the media’s heart as queen of the incredibly stupid.
Which is why we need (1) TERM LIMITS and (2) ALL POLITICAL DONANTIONS TO BE ANONYMOUS (can't sell influence if you don't know who is buying).
That reminds me.....
Need to get the piano tuned.....
Shes not wealthy yet. It takes members of CONgress a year or two to figure out the corruption revenue streams.
By the time shes ready to run for president, her bank account will be very healthy indeed.
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Exactly!
“You can’t get rich in politics unless you’re a crook”.
Harry Truman
"The problem is, (and I'll give you some numbers in just a moment) her entire basis - the economic basis - for this is nonsense is based on garbage talking points."
Is never borne out in the article. What are the garbage talking points that undercut the economic basis?
Your statement that the Government can't spend our money any better than we can? Weak.
Good God she is such a freakin moron, just like Kirsten Gillibrand “Oh we must abolish ICE because illegals are more important than US citizens”. I use to live in her district 20 years ago. Today it’s completely overrun with illegals and without question they’re voting. Illegals getting fake IDs with stolen social security numbers was exposed quite a number of times by the NY Post and they bust one person and then it’s utterly ignored and it continues. Why? Because Democrats are using them for votes. When I lived in Woodside in the 1990s under Giuliani, I didn’t know anybody who would have voted for these dingbats. Now it’s a totally different city and look at the damage, we have these absolute morons in Congress. Why arent the feds investigating this? These morons are winning elections on blatant voter fraud. NYC will never ever ever have another Republican Mayor, the US citizen has lost his right to representation by criminal foreign invaders.
They're doing what they're told to do. Neither this woman, nor the 'Rat Party propagandists in Big Media, are independent operators. They're all tools for the real power brokers behind the 'Rat Party.
Again this woman.
She should stop ticking off Nutzy Pelosi. Nutzy could show her the joys of trading on insider information.
Won’t be long until her arrogance and overstepping her newbee position will come back to bite her with resentful peers.
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