Ocasio-Cortez Reveals How Much She Wants to Tax the Rich — Even Dems Are Stunned

politics
January 04, 2019Jan 04, 2019

Rep. Alexandria Ocasio-Cortez (D-N.Y.), a self-proclaimed Democratic socialist, revealed just how much she wants to tax the rich for her so-called “Green New Deal” — and even some Democrats can’t believe it.

Ocasio-Cortez said she wants to impose tax rates of up to 70 percent on the nation’s most wealthy to pay for her socialist ideas.

Some of the programs she wants to implement include “Medicare for All,” forgiving all student debt, legalizing marijuana, and the “Green New Deal,” which includes no use of fossil fuels within 12 years. The price tag for her programs is astronomical, as in trillions and trillions of dollars.

“There’s an element where, yeah, people are going to have to start paying their fair share in taxes,” Ocasio-Cortez tells Anderson Cooper in a “60 Minutes” interview set to air on Sunday.

When asked if she had any specifics, Ocasio-Cortez suggested tax rates of 60 to 70 percent.

"As you climb up this ladder, you should be contributing more,” she said.

Watch the video below:

To Cooper’s credit, he correctly pointed out that her agenda is “radical.” However, Ocasio-Cortez embraced the term.

"If that's what radical means, call me a radical,” she said.

Even some Democrats were stunned by how much she wants to raise taxes.

What do you think of Ocasio-Cortez's plan?

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