Alexandria Ocasio-Cortez

she is saying that tax remains unchanged on your first $10m. 70% applies to the $10m and 1st dollar so 70c is taken as tax on one dollar and so on. Why are you so scared on taxation do you earn more than $10m per anum? Why wouldn't they pay? They people like them have before and do so elsewhere in the world
I know what she's saying, and just to clarify, I am most certainly not anywhere near even a tiny fraction of these amounts
that would make me fall under this proposed taxation. You say why wouldn't they pay, but someone who has earned, by their own efforts,
$10 million will be liable for taxation that will take a considerable chunk of that, I don't know what the current US rates are,
but presuming they're similar to ours, after allowances etc; they'd pay around $4.5 million in tax, then would pay around $7 million
on a further earned £10 million. I know the amounts left are astronomical sums which any individual can live in luxury on,
but that's not the point, you are asking for someone to hand over to government more than he's allowed to keep, on money he's
earned, which is not a fair system, just because the individual is wealthy should not mean his tax percentages result in him
receiving less than he pays out.
What always happens is that this kind of person finds ways of avoiding this, it happened here years ago, but if the maximum rate
hovers around 50% or slightly less,then people will indeed pay it, it's been proved, increase this and the tax take always drops,
in some cases resulting in the government receiving 70% of nothing.
 
The correct rate of tax is the optimal rate of tax that accrues the most revenue. If it’s 70% above $10m then fine. If it’s 45% above $10m then also fine. What Republicans have done by shoveling more cash and tax breaks down the throats of the donors that own them is dumb because it’s pissing most people off and making them receptive to AOC’s message. AOC is smart because she can articulate and frame her message in a way that most people can understand and relate to. The people who will relate strongly to the message will also be people who voted for Trump.

The debate is not about 70% tax rates but about people who can afford it paying a fair share. Ignore the figure. It’s the message that counts.
 
where has she said that? Do you have a link to the speech where she signals increased unemployment as one of her aims please?
This will do for noow as her faq re: it was removed.
https://www.vox.com/2019/2/8/18215774/green-new-deal-high-speed-train-air-travel

The plan calls for high-speed rail to the point air travel is unnecessary. Many fewer/0 air passengers would result in loss of jobs for airline employees.

Another GND tenet is economic security for those "unwilling to work" I'm not certain bone idle people have anything to do with environmentalism, myself.
 
The correct rate of tax is the optimal rate of tax that accrues the most revenue. If it’s 70% above $10m then fine. If it’s 45% above $10m then also fine. What Republicans have done by shoveling more cash and tax breaks down the throats of the donors that own them is dumb because it’s pissing most people off and making them receptive to AOC’s message. AOC is smart because she can articulate and frame her message in a way that most people can understand and relate to. The people who will relate strongly to the message will also be people who voted for Trump.

The debate is not about 70% tax rates but about people who can afford it paying a fair share. Ignore the figure. It’s the message that counts.

what they are also shovelling down peoples throats is that their tax rates are going to be affected by omitting the fact that only a few multi-million and billionaires would be impacted.
 
This will do for noow as her faq re: it was removed.
https://www.vox.com/2019/2/8/18215774/green-new-deal-high-speed-train-air-travel

The plan calls for high-speed rail to the point air travel is unnecessary. Many fewer/0 air passengers would result in loss of jobs for airline employees.

Another GND tenet is economic security for those "unwilling to work" I'm not certain bone idle people have anything to do with environmentalism, myself.

Its about reducing environmental damage of travel - there is no suggestion there would be zero air travel just a reduction - there would be huge numbers of jobs created building the infrastructure, manufacturing the trains, running the trains, staffing the trains and stations - as the article makes clear the rest of the developed world are doing this - America is decades behind the rest of the world in this technology - thats not MAGA philosophy surely is it? To run a 1970's rail service?
 

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