The Briefing Room

General Category => Politics/Government => Topic started by: Wingnut on January 04, 2019, 05:02:14 pm

Title: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Wingnut on January 04, 2019, 05:02:14 pm
Rep. Alexandria Ocasio-Cortez (D-N.Y.) is floating an income tax rate as high as 60 to 70 percent on the highest-earning Americans to combat carbon emissions.

Speaking with Anderson Cooper in a “60 Minutes” interview scheduled to air Sunday, Ocasio-Cortez said a dramatic increase in taxes could support her “Green New Deal” goal of eliminating the use of fossil fuels within 12 years — a goal she acknowledges is ambitious.

“What is the problem with trying to push our technological capacities to the furthest extent possible?” Ocasio-Cortez asked. “There’s an element where yeah, people are going to have to start paying their fair share in taxes.”

Ocasio-Cortez pointed out that in a progressive tax rate system, not all income for a high earner is taxed at such a high rate. Rather, rates increase on each additional level of income, with dramatic increases on especially high earnings, such as $10 million.

https://www.politico.com/story/2019/01/04/ocasio-cortez-70-percent-tax-1080874 (https://www.politico.com/story/2019/01/04/ocasio-cortez-70-percent-tax-1080874)
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Frank Cannon on January 04, 2019, 05:08:24 pm
You go girl. Soak it to your Silicon Valley and Hollywood friends.
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: austingirl on January 04, 2019, 05:09:47 pm
If she took 100% and your first born child to sell on the black market, there isn't enough money to pay for her proposals. She should stick to bartending and dancing.
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Free Vulcan on January 04, 2019, 05:13:58 pm
Thank you loonbags, keep getting your name in the media by proposing these crackpot bills that will go nowhere, so we can use them in future campaign commercials.
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Bigun on January 04, 2019, 05:19:39 pm
Thank you loonbags, keep getting your name in the media by proposing these crackpot bills that will go nowhere, so we can use them in future campaign commercials.

 :amen:  888high58888
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: jmyrlefuller on January 04, 2019, 05:23:19 pm
She must realize that most of the people who make that kind of income already know how to use trusts and foundations to avoid it... right?
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: rustynail on January 04, 2019, 05:36:27 pm
What about the super-duper wealthy?  And do the really-really wealthy get a pass?
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: GrouchoTex on January 04, 2019, 05:38:02 pm
She must realize that most of the people who make that kind of income already know how to use trusts and foundations to avoid it... right?

And for those that don't and catch on, it might work...once...and once only.
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: austingirl on January 04, 2019, 05:53:03 pm
She must realize that most of the people who make that kind of income already know how to use trusts and foundations to avoid it... right?

I'm not sure she has the intellectual capacity to understand the ABCs.
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Wingnut on January 04, 2019, 05:56:40 pm
I'm not sure she has the intellectual capacity to understand the ABCs.
:beer:
Understand them?  That bug-eyed skwerl looking fool can barely recite the abc's if you spot her the 1st 25 letters.  Hell she can't even count to 10 with out taking her shoes and socks off..
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Restored on January 04, 2019, 06:03:35 pm
"Tippy Top earners" = middle-class
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Cyber Liberty on January 04, 2019, 06:29:23 pm
:beer:
Understand them?  That bug-eyed skwerl looking fool can barely recite the abc's if you spot her the 1st 25 letters.  Hell she can't even count to 10 with out taking her shoes and socks off..

Now that's a lie!  She can too say her ABC's.  As long as she can remember the tune, "Twinkle, Twinkle Little Star."
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: 240B on January 04, 2019, 06:33:58 pm
I wonder if she will include her own family in that 'rich' group. She's a little rich girl herself from a wealthy family. Will all the multimillionaires in Congress be included?
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Wingnut on January 04, 2019, 06:34:08 pm
Now that's a lie!  She can too say her ABC's.  As long as she can remember the tune, "Twinkle, Twinkle Little Star."

Well...the counting to ten part is true!    :cool:
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: Cyber Liberty on January 04, 2019, 06:37:35 pm
Well...the counting to ten part is true!    :cool:

 888high58888
Title: Re: Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal
Post by: sneakypete on January 04, 2019, 09:09:44 pm
Soros and Steve Jobs will have her whacked.