Socialist Congresswoman Recommends 70% Tax to Fund the ‘Green New Deal’

Socialist Representative, Alexandria Ocasio-Cortez, is promoting a taxation scheme that would tax earners who make under $75,000 per year at a rate of 10% to 15%, but would progressively increases to 70% as income rises. [That’s the same principle that now curses the US tax system, but the rate difference between the lower and higher income earners would be greater. -GEG

In a sit-down interview with Anderson Cooper for CBS’s “60 Minutes,” Rep. Alexandria Ocasio-Cortez (D-NY) floated taxing the wealthy as much as 70 percent to fund her climate change plan called the “Green New Deal.”

“[P]eople are going to have to start paying their fair share in taxes,” Ocasio-Cortez told Cooper in a preview clip of Sunday’s show while comparing herself to former Presidents Abraham Lincoln and Franklin D. Roosevelt.

Partial transcript as follows:

OCASIO-CORTEZ: There’s an element where, yeah, people are going to have to start paying their fair share in taxes.

COOPER: Do you have a specific on the tax rate?

OCASIO-CORTEZ: You know, you look at our tax rates back in the ‘60s, and when you have a progressive tax rate system, your tax rate, you know, let’s say from 0 to $75,000 may be 10 percent or 15 percent, et cetera. But once you get to like the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 percent or 70 percent, that doesn’t 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: What you are talking about, just big picture, is radical agenda compared to the way politics is done right now.

OCASIO-CORTEZ: Well, I think that it only has ever been radicals that have changed this country. Abraham Lincoln made the radical decision to sign the emancipation proclamation. Franklin D. Roosevelt made the radical decision to embark on establishing programs like Social Security. That’s radical.

COOPER: Do you call yourself a radical?

OCASIO-CORTEZ: Yeah, you know, if that’s what radical means, call me a radical.

Read full article here…

 

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Classified Ads

The appearance of ads on this site does not signify endorsement by the publisher. We cannot vouch for accuracy of statements or integrity of advertisers. We will investigate complaints, however, and remove any message we find to be misleading or that promotes anything fraudulent or unethical.
For ad rates, click here.

Health


JWLABS – Building fine Rife frequency instruments in the USA since 1987.
We offer customer support and an exceptional warranty. Learn why all households and clinics should employ this device. Call us at 888-891-1122 to discuss the many benefits.   www.rifemachine.com



Health with space-age technology and Quantum physics. For people and all animals. No medication! Available world wide! Contact us at [email protected]. For principals and testimonials please visit our website. www.Healthytherapy.com



G. Edward Griffin’s blood pressure dropped to healthy levels and stayed there after using Cardio Miracle, a nitric-oxide booster containing a blend of ingredients that supports the body’s natural defense against heart disease, atherosclerosis, cancer, diabetes, Alzheimers, and more. If you are over 40, you really should check this out.


The Heavenly Handbook of Health. “WOW! U want FeedBack? So far I am floored. If I’ve learned anything about you since we met; this book has the potential to be a blockbuster.” Read 18pg Teaser @ HeavenlyHandbookofHealth.com Simple, incredible, affordable health – any age!



Learn Natural Medicine practice at home! There is NO Freedom without Health Freedom. There is NO Health Freedom without Informed, Voluntary Consent. There is no informed consent without education and understanding. American College of Natural Medicine, Thai Yoga Center provides you and your family with spiritually based natural health education. ThaiYogaCenter.Com or https://naic-edu.org

Income


Ultimate Wealth Building Guide reveals 5 steps to create your own banking system to achieve lifetime financial security, certainty, and peace of mind in 60 days. Discover how to build and grow lasting wealth safely and predictably, regardless of market and economic cycles. www.mywealthwarehouse.com



Free Report: Three Major Shifts That Signal Risks to Your Investments Are Headed Higher. Including the one action every investor should take right now to protect their portfolio against significantly rising risks. http://BuyAndStoreGold.com/pl-geg/


Make money on money you are already spending. Join the world’s largest shopping network. Eleven-year-old company in 46 countries. Info and free membership. www.freedombuildersinternational.com



Are you ready for financial freedom?
Visit:  www.MoneyThatsReal.com


Money & Banking


Lawful 100% income tax avoidance: a right recognized by IRS and Supreme Court. Request free report: [email protected] or find NoThanksIRS on FB/Twitter.


Need to Know


Being informed is not enough. Knowledge, by itself, is not power, but it holds the potential for power if used as a guide for action. Truth can be overpowered by tyranny only if we fail to enter the battle. The future belongs, not to ideas, but to people who act on those ideas. If you truly want to make a difference in the world, Freedom Force International awaits you.



Anxiety Publishing – providing more satisfying novels to the conscious community, stories based in a real world, not the illusion of the establishment. Promote your precious novel with your fellow authors and help build a collection of future classics. anxietypub.com


For Sale


Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)

 


Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
James
James
5 years ago

The government also needs more tax money to pay for the deficit spending that Los Republicanos Cartel and Las Democratas Cartel have gotten the country into. Higher taxes on the 10th million dollar that might pay for her spending increases still leaves our current spending unpaid for. I guess addressing the deficit is off the table. We know the democrats won’t cut spending to balance the budget and the republicans won’t increase taxes to balance the budget so it’s a stalemate.

James
James
5 years ago

Got this by email. It seemed appropriate here: a. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke. b. Social Security was established in 1935. You have had 74 years to get it right and it is broke. c. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke. d. War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the poor”… Read more »

trackback
Freshman Representative Alexandra Ocasio-Cortez Recommends 70% Tax on the Wealthy to Fund the ‘Green New Deal’ | WeAreChangeTV.US
5 years ago

[…] 7, 2019 Breitbart No Comments This post was originally published on this […]