“People are going to have to start paying their fair share in taxes,” Alexandria Ocasio-Cortez told “60 Minutes” in an interview. She also stated, “Once you get to the tippy tops, on your 10 millionth dollars, sometimes you see tax rates as high as 60 or 70 percent.”
The democrats think fair taxes are taxing individuals substantially more than others, simply because they make larger sums of money than the rest of us. I don’t know what their definition of fair is, but fair taxes would be everyone gets an equal percentage of taxes.
What they want is communism. The basic idea of communism is that everyone is equal. If you tax the top percent nearly all of their income, they will be left with the same amount of money as a blue collar worker. This is what gets rid of the class system, and I am sure we would see those top percenters leave America as soon as a tax plan such as this is passed.
Her great idea is to tax the top percent in order to pay for a massive government program that wants to combat climate change.
The Green New Deal also includes more leftist ideas, “mitigate deeply entrenched racial, regional, and gender-based inequalities in income and wealth (including, without limitation, ensuring that federal and other investment will be equitably distributed to historically impoverished, low-income, deindustrialized, or other marginalized communities in such a way that builds wealth and ownership at the community level).” The Green Deal also has buried away in it a universal healthcare system and a basic minimum income program. All of this comes at a great cost, who nobody wants to pay for. An analysis by Bob Moffit, a health care expert at The Heritage Foundation, wrote that the “Medicare for All” legislation proposed by Sen. Bernie Sanders, I-Vt., would cost $32.6 trillion over 10 years. A universal minimum income or basic income plan would also likely cost trillions of dollars a year.
This is how the plan says it can pay for all of this, “In the same ways that we paid for the 2008 bank bailout and extended quantitative easing programs, the same ways we paid for World War II and many other wars,” the plan says. “The Federal Reserve can extend credit to power these projects and investments, new public banks can be created (as in WWII) to extend credit and a combination of various taxation tools (including taxes on carbon and other emissions and progressive wealth taxes) can be employed.”
So basically jacking up the taxes and weeding out the upper class people, we no longer will have billionaires. Capitalism will be dead, as Socialist America rises. A poll in 2017 concluded that nearly half of millennials say they’d rather live under socialism or communism than capitalism. These people have been brainwashed by hipster millennials like Ocasio-Cortez who push false narratives forward in order to destroy America. These people think it is unfair that someone made good choices and made more money than them so their answer is to take their money away. These are the people that want to get paid 15 dollars an hour flipping burgers. They don’t understand hard work and sacrifice and think everything should be handed to them on a silver platter.
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