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  1. Henry Edward Hardy (hhardy01@mastodon.social)'s status on Sunday, 06-Jan-2019 10:13:35 EST Henry Edward Hardy Henry Edward Hardy

    "Alexandria Ocasio-Cortez has floated the idea of introducing a 60 to 70 per cent tax rate on the richest Americans that could help for the "Green New Deal" proposed by a group of left-wing Democrats...

    The top tax rate was above 90 per cent during the 1950s, and while it has slowly descended, it remained as high as 50 per cent for much of President Ronald Reagan's tenure in the 1980s."

    https://www.independent.co.uk/news/world/americas/alexandria-casio-cortez-tax-rate-super-rich-green-new-deal-cbs-interview-60-minutes-aoc-a8713921.html

    In conversation Sunday, 06-Jan-2019 10:13:35 EST from mastodon.social permalink

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    1. This is how much money Alexandria Ocasio-Cortez’s 70% tax on the super rich could raise
      from The Independent
      Congresswoman says new rate should apply to Americans earning more than $10m a year and points to similar rates existing only decades ago
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