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Ocasio-Cortez Suggests 70 Percent Tax Hike On Wealthy Americans To Pay For The Green New Deal

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posted on Jan, 4 2019 @ 03:54 PM
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“People are going to have to start paying their fair share in taxes,” the 29-year-old said. “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 zero to $75,000, maybe 10 percent or 15 percent, etc. But once you get to, like, the tippy tops — on your 10-millionth dollar — sometimes you see tax rates as high as 60 or 70 percent.

www.aol.com...

Tippy Tops? She talks like a 4th grader and now wants to shake a few feathers with her "ambitious plan to combat climate change."

I admit, as a member of a middle income family, taxes suck, especially when you're paying for a son's college education. However, as much as I would love to see my tax rate tumble, I do realize what the trickle down effects would be if you raised the tax rates on the wealthy to a ridiculous high level. This comment from the above article states it pretty clear:


When you punish the rich for the sin of being rich, and you reward the poor for being poor, you end up with fewer rich people, and more poor people.


The Liberals want to punish the rich out of fairness, but to what level? I think the rich need to be taxed more, but I think raising tax rates 60-70%, for people making over 10 million dollars, could have a negative impact.


higher taxes are simply just passed on to consumers. And when you have many people and businesses involved in the production, transportation, and distribution of products, and they are all paying higher costs, the added costs built into the selling prices quickly begin to add up for the end consumer. So the question is who is most likely to be harmed by increased taxes on "the rich"? Ironically, it may be the income brackets that continue to demand those higher taxes on others.



When people have less money, they spend less money. That's less money spent on personal services, products, and luxury items. Anyone who has a job in sectors that sell expensive cars, boats, houses, or other sometimes luxurious items (in other words, anyone in manufacturing, retail, and construction industries) should want to have a large pool of people looking to buy. Sure it's fun to say that so-and-so doesn't need another jet. But if I make jet parts, work as a mechanic, own an airport hangar or am a pilot looking for a job I want there to be as many jets purchased by as many people as possible.

www.thoughtco.com...

In April 2017, Tucker had a "socialist" professor, who advocated for a 80% tax hike on the rich. Tucker, as usual, raised some interesting questions and made this professor look stupid....sort of how Rep. Alexandria Ocasio-Cortez comes across, everytime she opens her mouth.


edit on 1/4/2019 by shawmanfromny because: (no reason given)




posted on Jan, 4 2019 @ 03:58 PM
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a reply to: shawmanfromny

I'd love to pay no taxes and just let folks like NANCY PELOSI, MAXINE WATTERS, CHUCK SHUMER, pay like 70% taxes.

It will be interesting to see how long it takes Mrs, Cortez to make her first million. I'll wager her turn changes a bit then. I'd love to be wrong.



posted on Jan, 4 2019 @ 04:04 PM
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originally posted by: network dude
a reply to: shawmanfromny

I'd love to pay no taxes and just let folks like NANCY PELOSI, MAXINE WATTERS, CHUCK SHUMER, pay like 70% taxes.

It will be interesting to see how long it takes Mrs, Cortez to make her first million. I'll wager her turn changes a bit then. I'd love to be wrong.


Um.. she wants 10-15% from people making 0-75,000.

As the tax codes stand, the bottom half of that don't effectively pay taxes now.

I wonder with these particular ideologs... why don't they say what they really want... 100% taxation on everyone and the government will give you what you need.

Blah.



posted on Jan, 4 2019 @ 04:07 PM
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Fake news, and we already have a thread on this.



posted on Jan, 4 2019 @ 04:08 PM
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originally posted by: LordAhriman
Fake news, and we already have a thread on this.


fake news? what part is fake? do tell.



posted on Jan, 4 2019 @ 04:09 PM
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originally posted by: LordAhriman
Fake news, and we already have a thread on this.


Lol, how is her own words "fake news"?



posted on Jan, 4 2019 @ 04:13 PM
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In my opinion,that young woman isn't dealing with
a full deck!



posted on Jan, 4 2019 @ 04:20 PM
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originally posted by: Muninn

originally posted by: LordAhriman
Fake news, and we already have a thread on this.


Lol, how is her own words "fake news"?


I'm starting to wonder, has the term "fake news" been hijacked to replace "REEEEEEEEEEE!!!!" ?



posted on Jan, 4 2019 @ 04:23 PM
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a reply to: shawmanfromny

So the wealthy 1% with no income still won't pay more. We will.

Everything they do makes us poorer. Democrat leadership is an ally of useless eaters and foreign wallets.

Trickle down? I am not giving my wealth to people more poor than me. I am poor. Let me keep my money.

Tax hikes? For what? What do we get in exchange for them? Insults or lip service?

I am honestly praying they all die. So tired of being civilized to undeserving people.

No more taxes.



posted on Jan, 4 2019 @ 04:26 PM
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a reply to: shawmanfromny

The "rich" will never pay more in taxes.

Oh sure, they will pay out more, but the businesses they own, the goods and services they supply will actually pay for it.

Meaning us. The poor and middle class will pay for this bints tax increase.



posted on Jan, 4 2019 @ 04:40 PM
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Her own party will gag this teenage adolescent nincompoop.



posted on Jan, 4 2019 @ 04:52 PM
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a reply to: shawmanfromny

Someone who has done the research needs to sit Ms. AOC down, and run through the numbers on the transition from "fossil fuels" to sustainable energy.

It sounds laudable until you do the math, whereon you instantly discover, that replacing the entirety of an old energy infrastructure model, if pursued aggressively, would take decades.

It is literally an issue of energy output, manufacturing and the current supply chain infrastructure.

Folks have no idea how much energy is actually in fossil fuels, practically speaking. That transition would also need to be extremely well thought out and underway by the time green energy sources could start to replace current energy systems.

We can't even get 2 Billion dollars to put overload disconnects into the grid, to protect it from complete collapse in the event of a Solar Flare or EMP attack



posted on Jan, 4 2019 @ 04:53 PM
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I'd really like to know, how is taxing someone at 70 percent fair?? Serious question.



posted on Jan, 4 2019 @ 05:01 PM
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a reply to: shawmanfromny

Idiot barmaid.

What do you expect when you put a cocktail waitress in Congress....it's like putting a monkey at the controls of a 747 packed with passengers...not gonna end well...



posted on Jan, 4 2019 @ 05:18 PM
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I'm I not getting something here that everybody else is?

From what I can see, she's simply saying that people earning 10 million dollars a year should be getting taxed 70%... Why on earth would anyone be against that!?!

!0 million minus 70%, is still like 3 million dollars clear... Or around 57 thousand a week! What's wrong with some people? Is it a case of stockholm syndrome to your ridiculously wealthy overlords or something?

I don't care what anyone says... There's no one person on this earth, whose actual worth to society is more than 50k a week.



posted on Jan, 4 2019 @ 05:23 PM
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Of all the hundreds of Congressmen and women, why is Cortez getting all the press and ...threads on ATS? LOL

Full disclosure, I like her because she's standing up to the shady crooks in the democratic party like Shumer and Pelosi, but still she's one person and a brand new congressperson at that.
edit on 4-1-2019 by amazing because: (no reason given)



posted on Jan, 4 2019 @ 05:25 PM
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originally posted by: amazing
Of all the hundreds of Congressmen and women, why is Cortez getting all the press and ...threads on ATS? LOL


Because she puts herself out in the spotlight?



posted on Jan, 4 2019 @ 05:26 PM
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originally posted by: mamabeth
In my opinion,that young woman isn't dealing with
a full deck!
AGREED...... better she just try to not rial those in power.

www.youtube.com...



posted on Jan, 4 2019 @ 05:26 PM
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originally posted by: Muninn

originally posted by: amazing
Of all the hundreds of Congressmen and women, why is Cortez getting all the press and ...threads on ATS? LOL


Because she puts herself out in the spotlight?


Trust me all politicians want to be in the spotlight, it's how they get name recognition, power and get re elected. She's in the spotlight becuase you guys keep putting her there...at least the ATS spotlight. And the media MSNBC and FOX News, liberal and conservative news keeps putting her in the spotlight reporting on every little thing she does. Theyre obsessed.



posted on Jan, 4 2019 @ 05:30 PM
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a reply to: seagull


I'd really like to know, how is taxing someone at 70 percent fair?? Serious question.

If the person is earning millions then they clearly must be an evil scum bag and it's ok for the government to take the majority their earnings. That is legitimately the logic they use.




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