"Every single policy proposal that we have adopted and presented to the American public has been overwhelmingly popular," Rep. Alexandria Ocasio-Cortez. Most surveys show Trump losing in a matchup against a democratic socialist named Bernie Sanders.
A 70 percent marginal tax rate might not be realistic—but that doesn’t matter. Just proposing a 70 percent marginal tax rate has restructured a debate over taxes.
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Its goal is to remake our economic system — and the Democratic Party. Since the 2016 election, the left’s political and cultural influence has ballooned. Membership in DSA grew exponentially during the first years of the Trump administration.
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AOC’s tax proposal finds inspiration not in Karl Marx, but in mainstream American political philosophy. How we tax the rich depends on why we tax the rich, and AOC’s proposal reflects a surprisingly moderate view of economic justice.
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AOC’s advocacy of a tax rate of 70-80 percent on very high incomes, is obviously crazy, right? Who thinks that makes sense? Only ignorant people like - Peter Diamond, Nobel laureate in economics, arguably the world’s leading expert on public finance
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