> This week, Alexandria Ocasio-Cortez told 60 Minutes that she believes the U.S. should consider taxing incomes above $10 million at a 70 percent rate. Specifically, the congresswoman suggested that taxing the rich at such a rate would be preferable to forgoing major investments in renewable energy, and other technologies necessary for averting catastrophic climate change.
Agreed 100%. It will be interesting to see how much traction these ideas can get in today's political climate.
Agreed 100%. It will be interesting to see how much traction these ideas can get in today's political climate.