Rhodes Scholar AOC thinks she’s totally ‘figured out how we’re going to pay for it’

Mar 2019
1,912
1,292
Texas
Socialists like Alexandria Ocasio-Cortez hate it when they’re asked how they’re planning to pay for all their brilliant ideas. Mainly because they never have a convincing answer to that question.

But AOC thinks she’s found one at last, thanks to this hot New York Times scoop


Alexandria Ocasio-Cortez

✔@AOC

https://twitter.com/AOC/status/1181036719866617858

Hey everyone, I think I figured out how we’re going to pay for it
⬇️
https://twitter.com/dleonhardt/status/1180990667700477952 …
David Leonhardt

✔@DLeonhardt

Last year, for the first time on record, the 400 wealthiest Americans paid a lower total tax rate than any other income group. https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html …


95.2K

9:41 PM - Oct 6, 2019



David Leonhardt

✔@DLeonhardt

https://twitter.com/DLeonhardt/status/1180990667700477952

Last year, for the first time on record, the 400 wealthiest Americans paid a lower total tax rate than any other income group. https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html …

Opinion | The Rich Really Do Pay Lower Taxes Than You
The 400 wealthiest Americans now pay a lower rate than the middle class.
nytimes.com


32.2K

6:38 PM - Oct 6, 2019


I realize she isnot very bright but the top 1% pay more income tax than bottom 90%.

NYTimes article is wildly misleading.


The fact is the top 1% paid over 37% of all income taxes. https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ … https://twitter.com/DLeonhardt/sta




She is going to raise $93 trillion from 400 people? The combined net worth of the 400 richest Americans is $2.7 trillion.

Where does she plan to get the other $90.3 trillion?

 
May 2012
70,345
14,238
By the wall
Not only this but that is their only plan to pay for everything. The rich don't even have that much money even if you tax them at 100%.

Not to mention that the rich will simply leave and they have the means to do it which we saw in France when they upped their tax rate to 70% and they all left so France had to put it back to normal.

AOC is truly an idiot.
 

CtC

Mar 2019
10,615
3,700
California
Not only this but that is their only plan to pay for everything. The rich don't even have that much money even if you tax them at 100%.

Not to mention that the rich will simply leave and they have the means to do it which we saw in France when they upped their tax rate to 70% and they all left so France had to put it back to normal.

AOC is truly an idiot.
Worse. An Idealist. Which she really thinks Communism can work if it is "Done Right".
 
Mar 2019
1,912
1,292
Texas
Worse. An Idealist. Which she really thinks Communism can work if it is "Done Right".

Can anyone think of a legitimate example of socialism enacted on a scale that these Democrat clowns are advocating that actually works?

Sweden doesn't count as it is a hybrid system
 
May 2012
70,345
14,238
By the wall
Can anyone think of a legitimate example of socialism enacted on a scale that these Democrat clowns are advocating that actually works?

Sweden doesn't count as it is a hybrid system
Most hybrid systems are pretty successful in Europe. Socialism by itself does not and we simply need to look at a place like Cuba to see that. They were forced to allow privatization of companies in order to save their economy.