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Ocasio-Cortez Calls for 70 Percent Tax on Wealthy to Fund Green New Deal

Posted on Friday, January 4, 2019
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by Outside Contributor
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234 Comments
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During a Sixty Minutes interview that aired Sunday January 6th, Representative Alexandria Ocasio-Cortez (D., N.Y.) suggested the government can fund her ambitious “green new deal” agenda by imposing a 70 percent income tax on the wealthiest Americans.

In a clip of the interview released Friday, Ocasio-Cortez argues more Americans should pay “their fair share” in taxes to fund an extensive clean energy infrastructure initiative she and her fellow freshman progressive lawmakers have dubbed the “green new deal.”

Pressed by CNN’s Anderson Cooper on the specifics of her taxation plan, Ocasio-Cortez proposed a drastic income tax increase on the wealthiest Americans and labeled herself a “radical” in the mold of Abraham Lincoln and Franklin Roosevelt.

“But 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,” she said.

Cooper responded by characterizing the proposal as a “radical agenda.”

“If that’s what radical means, call me a radical,” Ocasio-Cortez responded.

A self-described democratic socialist who unseated incumbent Joe Crowley in New York’s 14th district in November, Ocasio-Cortez has embraced a deeply progressive agenda that includes tuition-free higher education and universal health care. She sparred with Democratic leadership in the weeks leading up to her swearing in over the creation of a special select committee dedicated to combatting climate change — a proposal older, establishment Democrats rejected as unnecessarily disruptive.

In describing the “green new deal” on previous occasions, Ocasio-Cortez has suggested the initiative would not only combat climate change but also redress racial grievances and spur economic growth.

“We can use the transition to 100 percent [renewable] energy as the vehicle to truly deliver and establish economic, social, and racial justice in the United States of America,” Ocasio-Cortez said during a panel discussion on Capitol Hill with Vermont senator Bernie Sanders and environmental activist Bill McKibben.

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The Freezing Senior
The Freezing Senior
5 years ago

It is Leftist fools like AOC who are unhinged from reality and history that bring us ever closer to
the next civil war … the clock is ticking.

PaulE
PaulE
5 years ago

Yet another example of what passes for “progressive thinking” from a college graduate with a Bachelors Degree in Economics, who is completely illiterate on the subject of Economics. Expect to hear much more from AOC and other so-called brilliant new members of the Democrat controlled House over the next two years. All putting forth equally ridiculous proposals that would have been laughed at just 20 years ago by most of Congress, but now are warmly welcomed by much of the Democrat voter base. The socialist indoctrination process has been hugely successful in most of our public education system over the last few decades.

Pay very close people. This is what the future of the country is going to be governed by as more and more poorly educated and completely indoctrinated Millennials begin to assume power throughout the country over the next few years. The old guard Democrat leadership can’t keep these new, much more openly radical Socialists in check much longer. Just look at the ages of a lot of the Democrat leaders in Congress. Even Pelosi and her hand-picked House leadership team can’t be kept alive indefinitely. Not that they are any less socialist than the younger crowd showcased by the likes of AOC. Pelosi and her crew are just more concerned about not going too far and damaging their own long-term financial interests, while they go about wrecking the nation as a whole. Once the old socialist guard in Congress is reduced in power, then the young socialist revolutionaries, and that is exactly what they are, will begin to assume more and more power and control. That’s when these types of idiotic proposals begin being passed by Congress. Then watch out as things will change very, very quickly in this country.

J. Golliday
J. Golliday
5 years ago

She is completely nuts.

JRPL
JRPL
5 years ago

Instead of yet another new tax, let’s start with EVERYONE in Congress, to include aides, not being paid. At only 2 aides each, that would be close to $250 mil dollars saved by the government. We could also make them PAY, for their own Health Insurance and contribute to retirement funds like the people they are supposed to be representing have to due.

Michael W. Radelt
Michael W. Radelt
5 years ago

Out of touch with reality!

Rick B.
Rick B.
5 years ago

Ocasio-Cortez: “…labeled herself a “radical” in the mold of Abraham Lincoln and Franklin Roosevelt.” She forgot to mention Karl Marx and Vladimir Lenin.

When they were handing out brains, Ocasio thought they said bran, so ordered one with lots of fiber.

HoraceR
HoraceR
5 years ago

Ms. Ocassional-Cortex is insane. If she has this “good” idea, she should be living it and not telling us what we should do. She is just like every other insane Demoncrat who tells us poor folks what to do while living a completely different way.

Bonnie
Bonnie
5 years ago

She’s crazy. Let’s start with politicians having to live like the rest of us and limit their terms so they can’t be lifetime politicians and get a free ride on us like the other leeches of society and stop giving illegals a free ride. That would save money to go toward the seniors and the working people that have built what people like her are destroying. I’m sick of them taking my money to give to someone that didn’t earn it. If someone is getting free money and assistance they should pass a drug test or lose it. That would save too. I Kirk in the school system and I’m so tired of the 20 somethings that claim they can’t work and get free housing and food and clothes, etc from everyone, yet they come to school all messed up on drugs or make money they don’t claim on the side. The system is broken. Fix it before raising anyone’s taxes and you will find money. I’ve been a single mother and worked for what I had and had no assistance except baby formula. My dad taught me that you have to take care of yourself in life.

BobA
BobA
5 years ago

I wouldn’t call her radical, just ignorant and nuts.

Rocky
Rocky
5 years ago

LMAO I don’t know what scares me the most: this lady living in her fairytale world or the people who actually thought it was smart to vote her in. Even after she is gone after her first term people, you have and get nothing while she continues to work in dc and live acustom to a new wage and life style most of you will never have

Jeffrey Kasman
Jeffrey Kasman
5 years ago

She accidentally got this position she is a total idiot

Robert Prinz
Robert Prinz
5 years ago

Alexandria Ocasio-Cortez (D., N.Y.) Does that include your benefactor NAZI Commie george soros?

Frank M
Frank M
5 years ago

Lets start with her family and her personal salary. If that were the case she would abandon this crazy plan immediately. She is yet another Liberal that wants to spend everybody else’s money while enriching herself and her family.

Alexander Pea
Alexander Pea
5 years ago

She has an economics degree! Let that sink in for a moment. Typical progressive/socialist/demonkkkrat. Using everybody else’s money to the brink of destroying the American economy!

Fixer48
Fixer48
5 years ago

Just goes to show you that any twit can be elected if they look hot enough and promise enough free stuff.

John
John
5 years ago

Stupidity does as stupidity is

Albert Witte
Albert Witte
5 years ago

She does not amaze me with that idea at all! That is what all liberals think the answer to everything is, “RAISE TAXES”! Somebody needs to explain to her about what happens when you run out of other people’s money! Is she willing to give up 90% of her new salary?

botch
botch
5 years ago

this Poor little rich girl , raised in a Westchester New York with the super rich.is a con artist .Lets tax Congress at 90 %..,,.. Football players at 95% media 95$ end welfare.. and end serving more then two terms anywhere

Markj
Markj
5 years ago

In the mold of Lincoln and Roosevelt? What did they do to deserve that insult? How about we cut congressional pay to the average pay in the US, small housing allowance, no pension, but they can contribute to a 401K plan and they can buy health insurance from an exchange.

SANDRA HILL
SANDRA HILL
5 years ago

That woman is a danger to the United States of America. She has no understanding of the real issues that the vast majority of the people want corrected. She is bathing in the spotlight, which is all she really wants.

J. Petty
J. Petty
5 years ago

After listening to this radical imbusil, I bet there’s some liberals who wish they had voted Republican just this once!

TomC
TomC
5 years ago

The founding fathers knew that one day we could destroy ourselves if we had an uninformed electorate. Dumb voters want dumb things. Ocasio-Cortez is to stupid to ever do anything good for America. She is a prime example of what the Democratic Party has become. What a shame!!!!! GIMME GIMME GIMME!!!!! Some politicians don’t know how to help the nation.

Richard M
Richard M
5 years ago

This woman is an embarrassment to her University and is certainly NOT in the mold of Abraham Lincoln or FDR. She is completely clueless when it comes to economics and the real impacts of her tax “plan”. I think the Dems are hell bent on ruining the economy and this country. Does she have ANY knowledge of history and the sorry results that Socialism has rendered on its citizens. It’s the equal sharing of misery.

Giselle Talarico
Giselle Talarico
5 years ago

Ocasio Cortez is a dangerous idiot, someone should force her to go to Venezuela to see how socialist/communist is working there, better yet she should move there permanently, and take Pelosi, Shummar , Bernie, and the rest of her socialist money grabbing friends.
We need to change the law that protects this nitwits they want the rest of us to pay for their lifestyle as if they were royalty, we pay for everything, their transportation, their hair cuts their gym membership, they great health care , etc, while they jammed down our throat OBAMA care. why are there different rules for them , this needs to change, they must live the rules that they implant for the American people.
One more thing they are all crooks in our government big and small just look at Maxine Waters, why is she allowed to get away with her corruption. And now she hand the finance committee,
Our Government is the real “BANANA REPUBLIC”

Al: B
Al: B
5 years ago

She is out of touch with reality. According to her, nobody would be able to get rich. Although I agree the tax structure is not what it was originally set up to be, she is wanting to practice being a Socialist/Commie. Which only works for the in charge politicians, not the people. Only one thing more disgusting in this world is the fact that there are others who think shes right. The “because you have two cows and I have none” theory, I’m to give you one of my cows;

Rich
Rich
5 years ago

If this woman loves socialism so much, why doesn’t she pack her sorry butt off to all those wonder Communist countries and live there ? This woman is the product of our poor and I mean very poor education system. How many American military men and women have died fighting the crap she’s pedaling. The only good thing about her is she’s exposing what the Democrat party is all about. If you studied History, you’d find out how well her crap works out for the people. Joseph Stalin solved his problems of not being able to feed the people by setting internment camps aka Gulags.
You may want to remember that after the American Civil War the ” Jim Crow” laws were put in place to control the Black People. The party that put the law in to effect? The Democrat Party. Time to wake up folks The party isn’t working for you your working for themselves.

Keith F. Golembiewski
Keith F. Golembiewski
5 years ago

Where do we the American get these Idiots. I would not let her clean my Toilet. What a POS

Amelia Little
Amelia Little
5 years ago

And when she becomes one of the tippie top richest (as many politicians seem to accomplish) is she going to want to pay that 70%, or will she cry about having to? She must have been educated under common core. She must not have been paying attention in classes leading to her economic degree. She certainly either didn’t listen or didn’t attend any history or civic classes. Hopefully her fellow democrats will shoot her down on her extreme socialist ideas, but unfortunately, probably not. She and the potty mouth new senator from wherever are probably going to be besties.

Ellis C. Collom
Ellis C. Collom
5 years ago

Dangerous idiot.

John
John
5 years ago

Yeah, that’s right – Take from those that busted their but to make money legally, then give it to those that vote for a living , generation after generation. I got to ring the BS bell on her proposal!

William Lippe
William Lippe
5 years ago

Ocasio-Cortez evidently did not attend a ‘institution of higher learning where in-depth economics is well taught nor where comprehensive History and its impacts were fully explored. This woman is dangerously ignorant. But then, that is only my opinion.

Anthony
Anthony
5 years ago

What a total idiotic proposal….the bulk of her money will come from taxing the middle class,
not the rich, but they won’t tell you that!

Dave
Dave
5 years ago

How about a flat tax. I think the rich are already overtaxed.

Carla
Carla
5 years ago

The billionaire club will leave

Jeff Burton
Jeff Burton
5 years ago

Sadly,Radical socialism is coming.

Gordon
Gordon
5 years ago

Vladimir Lenin was quoted as saying “The goal of socialism is communism.” Beware these young turks who want to confiscate from you to fund their mission-creeping Big Government plans that control your life.
Part of the beauty of the American Ideal is that our nation is such a melting pot that even those who would warp the USA into their own non-democracy, money-machine-for-those-with-the-wrong-college-degree, are welcome here!
Beware! Vote at every opportunity! Beware!

DENNIS RIVERON Sr
DENNIS RIVERON Sr
5 years ago

Cortez, is obviously a stupid ass. If you listen to her, she has all her facts wrong. And this coming from a socialist from an affluent home and school system. She must have been scratching her crotch while in class. Just remember you get nothing for FREE, someone has to pay for it. DENNIS RIVERON Sr. And remember, many, many Great Americans have paid the price for this ass to say what she says.

Lew Rigaud
Lew Rigaud
5 years ago

Another Facist like the rest of the jack ass party!! Her & that Leftist Bernie.

Joe
Joe
5 years ago

She is just a moron that doesn’t belong in politics. But the people that elected her are morons too. I can’t stand to listen to her talk, open mouth comes out stupid.

Dale T.
Dale T.
5 years ago

This woman is crazy;if she represents the people of NY that voted for her, they are just as insane! She should not be allowed to reproduce………

Anne
Anne
5 years ago

She is pretty much a socialist, millennial, airhead.

Ross Schriftmanb
Ross Schriftmanb
5 years ago

The One for You and Two for Me Plan – What you earn is 2/3rds mine (i.e.-the government’s share)

JIM
JIM
5 years ago

She is dumber than a fence post!

Katherine Teissere
Katherine Teissere
5 years ago

What a waste of money that “education” was.

FWD
FWD
5 years ago

You can abuse the poor and middle class and get by, but start pressing the multi rich and she may find out just what money can buy…thinking she may be as insane as the German painter/paper hanger

Steve
Steve
5 years ago

I make less than $20k a year so by my standards she is very wealthy.
Is she going to set an example by giving 70% to the same cause?
I think not!

Tom M
Tom M
5 years ago

Make no mistake, this ditsy woman is out to take the presidency. In 2020, we’ll either get Hillary or Poco-haunt-us Warren and then comes Cortez in 2024 or 2028. After the liberal Marxists destroy the country, by the mid 2030’s we will have a complete blow-up of DC and then we can get back to the original Constitutional government after the Swamp is filled in and plowed over.

ColtarKDM
ColtarKDM
5 years ago

She needs to move to Venezuela where she will be happier. What’s most frightening about her is that there are people who actually agree with her.

Wayne Peterkin
Wayne Peterkin
5 years ago

She’s a moron. First, define “wealthy” since that term varies a lot depending on where you live. Those called “wealthy” in San Francisco or New York are different than those in Springfield, Missouri for example. Huge cost of living differences. But besides that, the trillions she advocates spending on her socialist agenda cannot begin to be paid by taxing the “wealthy”. That isn’t even a down payment. So I repeat, she’s a moron. A dangerous moron that should never have been allowed near Washington. Sadly, most of the Democratic Party are shifting her way, meaning that no Democrat should ever win another election if you love this country and what made it great. The socialists are dedicated to destroying it with the tyranny of a huge dominating all-powerful federal government, which our Constitution was created to avoid.

Gregory Barber
Gregory Barber
5 years ago

I admit to not being the sharpest knife in the drawer, but can someone please explain to me what happens when the total tax burden [federal state sales property] goes over 100% of one’s income? I am 110% curious about your replies.

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