Socialist Ocasio-Cortez wants 70% tax rate for the wealthy

You know she’d take 100% of taxpayer money if she had her way.

From NY Post: Newly minted Rep. Alexandria Ocasio-Cortez says tax rates for the nation’s wealthiest should increase to as much 70 percent to fund a new initiative to combat climate change — even if that means she’s labeled a “radical.”

“If that’s what radical means, call me a radical,” she said in an interview with CBS’ “60 Minutes” that will air in full on Sunday.

The New York Democrat said the tax hike would help fund the Green New Deal, which aims at eliminating carbon emissions in the US within 12 years.

“That is the goal. It’s ambitious,” she said. “It’s going to require a lot of rapid change that we don’t even conceive as possible right now. What is the problem with trying to push our technological capacities to the furthest extent possible?”

The 29-year-old said the plan could include “an element where people are going to have to start paying their fair share in taxes.”

“You know, you look at our tax rates back in the ’60s, and when you have a progressive tax rate system, your tax rate let’s say from zero to $75,000 may be 10 percent or 15 percent, etc.,” Ocasio-Cortez said.

“But once you get to the tippy-tops on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent,” she continued. “That doesn’t mean all $10 million are taxed at an extremely high rate. It means that as you climb up this ladder, you should be contributing more.”

The current top tax rate is 37 percent.

When “60 Minutes” host Anderson Cooper described her ideas as a “radical agenda,” she responded, “I think that it only has ever been radicals that have changed this country.”

DCG

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Dr. Eowyn
Admin

Surprise! – not.

Charles H Slate
Guest
Charles H Slate

“… people are going to have to start paying their fair share in taxes.”
From the mouth of ANY politician the words “fair share” always mean “more”.

Alma
Member
Alma

The more this unqualified newcomer opens her mouth the less she will be in Congress when her time comes up. She graduated just like the first negro President and his It partner.

TrailDust
Editor

How does a psychopath like her get elected if not by fraud?

Hawkmoon
Guest
Hawkmoon

The billionaire Democrat/Bolshevik/Liberals would not like that……………

marble
Guest
marble

First term representatives excluded. Dream big!

Lophatt
Member
Lophatt

comment image

Jim Campbell
Guest

Does this vapid Marxist bitch not know that under Trump the poor are now paying 3% federal income tax?

She is going to be a bigger problem for her own party than she ever will be to us.

Steven Broiles
Member

First of all, I cannot understand why Ocasio-Cortes was even elected or allowed to run: The Constitution specifically states that a representative must be at least 30 years old to be elected. But who follows that “g–d—ed piece of paper,” as George W. Bush called it? Ocasio-Cortes is, like her comrades-in-arms Bernie Sanders and Nancy Pelosi, an extremely dangerous politician. She could turn out to be a real sleeper who will wield tremendous influence once Pelosi is gone. (And MENTALLY, Pelosi is by and large already gone). Ocasio-Cortes is a phony to the BONE, and she very well could try… Read more »

Hawkmoon
Guest
Hawkmoon

This phony dumb as a rock liberal/communist bears the name of a hated marrano conquistador!

Cortez The Killer
https://www.youtube.com/watch?v=m-b76yiqO1E

YouKnowWho
Guest
YouKnowWho

All taxes are paid by individuals. Corporations do not pay taxes. Any taxes corporations pay are simply passed on to the consumers of their products and services. Same basically goes for any business, large or small. Bottom line, YOU and I pay all of the taxes.
The politicians know this and continue to promote the Corporate & Business tax scam so that the average American Citizen won’t realize that their real tax rate is between 50~75%. In the meantime they’re spending my money and yours like a only drunken sailor could hope to.

evh
Guest
evh

I love the way this nit wit said we have to use our technological capacities. Is she too dumb to know that under democratic socialism that’s one of the first things to go? Research also comes to a halt when they run out of other peoples’ money. Don’t worry about the rich paying 70%. They are rich. They will leave the country before they get robbed. It’s the middle class ,who are working to make a decent living, who will bear the brunt of the taxes. They will try to tax every dollar in our wallets.

Lophatt
Member
Lophatt

But NOOOO! That’s not how it’s SUPPOSED to be!:

https://www.youtube.com/watch?v=JqowmHgxVJQ

Watertender
Member
Watertender

In her twisted logic she is for the same distribution of wealth as other Socialist types. Let the rich pay so the “poor” (read freeloaders not wanting to work) can live in a lifestyle they have become accustomed to. My wife and I are not wealthy but we have a decent lifestyle that we have worked to attain. We have paid our own way all of our lives. Sadly Ocasio-Cortez will win that district as long as she runs… With morons like her we are SCREWED

Sheeky
Guest
Sheeky

Don’t look now but all the green technologies rely on fossil fuels to produce, transport, operate, manage, and reclaim (ie electric batteries)….usually at a higher rate of usage than ‘non-green’, causing excessive pollution

Carmen
Guest
Carmen

That brain dead, donkey smiling O’Ocasio will be making $176,000.00 in her first year. I want 70% of her pay check. Wait until she is offered kick backs, inside trading, special interest leftist groups, and Ovomit/Soros bribes for special deals. Another phoney goes to Hollywood.

CalGirl
Guest
CalGirl

Her advent into political “power” shows dually that, if you do not know history, you will be doomed to repeat it: meaning…..neither her voters nor she understands that socialism has never been a successful model anywhere in the world, & has not only failed—but wrought great suffering upon the very people whom it was supposed to benefit…& by suffering, I mean, starvation and death….even as we speak in this moment, today in worldly examples. The second part of NOT understanding history is…that, if you tax the most rich of your country( the “tippy top”) at 70%….they will leave and take… Read more »