Economy

Ocasio-Cortez Hits Back After Trump Questions ‘Who Cares’ About Her Comments

Ocasio-Cortez Hits Back After Trump Questions ‘Who Cares’ About Her Comments

Americans are apparently embracing the concept of super taxes for the super rich as articulated by self-styled socialist Democratic New York Rep. Alexandria Ocasio-Cortez.

"On you get to the tippy tops", Ocasio-Cortez explained, "on your ten millionth dollar, sometimes you see tax rates as high as 60 or 70 percent".

Tulsi Gabbard, a lawmaker from Hawaii who says she plans to run for president in 2020, is also poised to join, the people said.

A surprising new poll reported how many Americans believe that the 70 percent tax rate for the top income margin is a good idea.

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Wall Street had better brace itself, because the House Financial Services Committee is about to be loaded with some big names from the left wing of the Democratic Party.

"Banks have lobbied big-[money] Democrats to champion deregulation and make it look 'bipartisan, '" she tweeted in June 2017 after the House passed a sweeping set of banking rollbacks aimed at spurring economic growth. But the second vote will likely be akin to a rubber stamp now that the steering committee has already approved her membership.

The committee has dozens of members, most of whom would be senior to Ocasio-Cortez and the other new members.

Ocasio-Cortez complained in the interview that the media was "focusing on taking quotes out of context or manipulating them or making it seem as though I said things that I didn't say". The panel will be chaired by Maxine Waters (Calif.), who is on the moderate wing of the Democrats.


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