Nothing delights the heart of a progressive like a good old-fashioned tax on the wealthy – the higher the better! Seriously, if progressives could figure out the math that would allow them to tax the rich at a marginal rate of 120{e7d922e47e34c22374416105a5e46a14ff533ce17ed8ca0dee5410286f8ee502}, they’d do it!
Just imagine…
Alexandria Occasional Cortex: “The wealthy should pay their fair share! We could pay for Medicare for All if the richest bastards among us were taxed at 150{e7d922e47e34c22374416105a5e46a14ff533ce17ed8ca0dee5410286f8ee502}.”
Rational Person: “That’s outrageous!”
Alexandria Occasional Cortex: “Right? Isn’t that awesome?”
Rational Person: “No! I mean, that’s too much!”
Alexandria Occasional Cortex: “It’s just on the dollars over $500,000 – the tippy, tippy top dollars.”
It turns out Alexandria Ocasio-Cortez isn’t the only elected representative in Washington calling for ridiculous tax rates.
Representative Ilhan Omar of Minnesota said in an interview this week that she thinks rates as high as 90{e7d922e47e34c22374416105a5e46a14ff533ce17ed8ca0dee5410286f8ee502} are reasonable.
“There are a few things that we can do,” she said she said during an interview on activist Zainab Salbi’s show, Through Her Eyes, on Tuesday. “One of them is we can increase the taxes that people are paying who are extremely wealthy in our communities. Seventy percent, 80 percent, we’ve had it as high as 90 percent. So, that’s a place we can start.”
WIBC host Tony Katz rightly notes that this is exactly how Donald Trump will be in a position to win reelection in 2020. Click the link below to hear Tony’s full commentary:
