Alexandria Ocasio-Cortez’s proposal for a 70 percent tax on earnings above $10m to fund concrete climate action has sparked a lot of indignant replies mainly because of confusion among the critics about what such a policy would actually entail. The top tax rate plan is part of … [Read more...] about Why Alexandria Ocasio-Cortez’s 70 percent tax idea makes sense
Alexandria Ocasio-Cortez
America’s youngest congresswoman launches radical plan to tax the rich
Alexandria Ocasio-Cortez began her term as the youngest woman ever elected to the US Congress with a bang this week by proposing to tax the ultra-rich at 60 or 70 percent. The daughter of working-class parents, the 29-year-old New Yorker was following up on her campaign promise. … [Read more...] about America’s youngest congresswoman launches radical plan to tax the rich