Ocasio-Cortez may take on Wall Street, fellow Democrats on finance panel
- Thread starter Banjo
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She's just a "one trick pony"... FREE SHIT FOR EVERYBODY! (No idea of how it's all to be paid.)
She's a Lefty-Populist idiot.
She's a Lefty-Populist idiot.
I think the collapse of United States Economy is inevitable if she somehow gets in a powerful position... Can you imagine how fast the outflow of capital will be ? I would stop trading US markets and Exchanges, and stick with Canadian top 5 Banks, CAR.UN and some solid residential REITs, 10-20 % returns a year with dividends re-invested, but better then yearly -20 % US stock market if that bat ever gets her way
How does one even propose 70 % tax rate over 10 million a year, and expect to keep an economy going ? Which corporation will stay and get ass raped ? Every corporation will setup offshore headquarters... Socialism is a very scary slope considering other regions are itching to over take America's economy status
How does one even propose 70 % tax rate over 10 million a year, and expect to keep an economy going ? Which corporation will stay and get ass raped ? Every corporation will setup offshore headquarters... Socialism is a very scary slope considering other regions are itching to over take America's economy status
no fuckin way I am handing over 70% of my income so a group of idiot of business Congress can piss it in the wind.....
As usual, it's not that simple.
The top rate in the '50's was 91%, yet the top 1% of earners only paid a little over 16% in income taxes. The total tax burden (all taxes levied by federal, state, and local governments, including: income, payroll, corporate, excise, property, and estate taxes) for the top 1% was just over 42%, which is reflected in the chart below.
So how did they pay only 16% when the rate at the top marginal income was 91%?
The top rate in the '50's was 91%, yet the top 1% of earners only paid a little over 16% in income taxes. The total tax burden (all taxes levied by federal, state, and local governments, including: income, payroll, corporate, excise, property, and estate taxes) for the top 1% was just over 42%, which is reflected in the chart below.
So how did they pay only 16% when the rate at the top marginal income was 91%?
I'm not so sure. She has an infectious magnetism. I don't agree with her on a lot, but you can't deny that she has charisma. I admire her balls. She has zero respect for the career dem hacks in congress.