"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."