Congresswoman Alexandria Ocasio-Cortez raised eyebrows among fellow Democrats this week; suggesting those at the “tippy top” of the American economy should be taxed as high as 70% to support her massive government programs.
Cortez was speaking with ’60 Minutes’ during an interview set to broadcast this Sunday when she was asked to weigh-in on the projected costs associated with her ‘Green New Deal’ and Medicare for All.
'60 MINUTES' SUNDAY:
Alexandria Ocasio-Cortez suggests taxes as high as 70% on the wealthiest to pay for a "Green New Deal."
— Steven Portnoy (@stevenportnoy) January 4, 2019
“Once you get to the tippie tops, on your $10 millionth, sometimes you see tax rates as high as 60% or 70%. 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,” said Cortez.
“If that’s what radical means, call me a radical,” she added.
Read the full report here.