Ocasio-Cortez floats 70 percent tax on rich to pay for 'Green New Deal'

"Lowering the corporate tax rate to 21%, which is lower than it's been since 1938, is a lot more radical than taxing income over $10 million at 70%.

In today's dollars, income over $658,213 was taxed at 70% in 1980.

AOC's more modest proposal would only impact 0.05% of Americans"
 

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