Trevor Noah, host of Comedy Central’s “The Daily Show,” asked Democratic socialist congressional candidate Alexandria Ocasio-Cortez how she plans to pay for her agenda Thursday and she said tax the rich and slash military spending.
Ocasio-Cortez began by bragging about her meeting with a Nobel Prize-winning economist and claimed her ideas could net the United States trillions of dollars.
“This is an excellent, excellent question,” she replied. “I sat down with a Nobel Prize economist last week — I can’t believe I can say that, it’s really weird — But one of the things that we saw is, if people pay their fair share, if corporations and the ultra wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary paid, 15 percent tax rate, if corporations paid — if we reverse the tax bill, raised our corporate tax rate to 28 percent … if we do those two things and also close some of those loopholes, that’s $2 trillion right there.”
She also said it would take $3 trillion to $4 trillion and a carbon tax to create a “renewable energy economy” and claimed the Trump tax cut bill prevents the wealthiest Americans from paying “their fair share.”
“One of the wide estimates is that it’s going to take $3 trillion to $4 trillion to transition us to 100 percent renewable economy,” she continued.
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It’s all buzzwords and nonsense. When you tax 3-4 trillion out of the economy everyone becomes a serf. Only the people like Warren Buffet and other masters of the universe retain their clout and economic position. This is why the uber rich champion bullshit like this.
The fallacy they’re falling for is that if you take all of that money away from people who are producing things, they will keep on producing. When the economy inevitably falls, taxes will have to go even higher, creating a spiral of increasing poverty and
destruction.
Trevor Noah Asks Democratic Socialist Alexandria Ocasio-Cortez How She Plans To Pay For Her Agenda And Her Answer Was Typical
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