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WATCH: Ocasio-Cortez’s 70 Percent Tax Plan Gets DESTROYED by Fox Business’s Maria Bartiromoro

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Alexandria Ocasio-Cortez (D-N.Y.) is a by the book democratic socialist, making wild accusations and even wilder promises in an effort to drive an entire population toward her vision of Utopia, while all the while moving closer to a system that is a proven failure as evidenced by the pile of bodies, starvation, and disease it leaves behind.

However, AOC is no student of history and while she has a degree in economics from a high-end university, she’s not too concerned about the facts surrounding the subject. She’s got the promised land to create, facts be damned.

This aforementioned Utopia will require some sacrifices — from you, not her — in the form of a 70 percent tax rate for the top earners in our nation. According to the young Democrat, this will be the first step on the road to a grander nation which, according to her, is currently under an immoral system that billionaires while some people are too poor to afford ringworm medication in Alabama.

Fox Business’s Maria Bartiromo, however, isn’t convinced or amused by Ocasio-Cortez’s complete lack of common sense and her economic naivete. Appearing on ox News on Tuesday from the World Economic Forum, Bartiromo began ripping apart Ocasio-Cortez’s frail economic plan like a wolf on a deer carcass.

“What is that going to do to the economy if you make it so economically difficult for the highest earners?” Bartiromo said. “Let me just point out that according to Tax Foundation, the top 10 percent of earners already pay almost 80 percent of all taxes.”

Bartiromoro said it all reminds her of something New York Mayor Bill DeBlasio said recently about all the wealth being in the wrong hands, to which the Fox Business host proceeded to tear apart the idea that the rich are somehow horrific, greedy people who use their money only for evil as people like Ocasio-Cortez like to insinuate.

“What exactly is the wrong hands?” Bartiromo said. “Is the wrong hands Ken Langone — the billionaire that gave $100 billion NYU medical school so that NYU could give out free medical school educations? Or maybe it it’s in Steve Schwarzman‘s hands — who just gave hundreds of millions of dollars to the New York Public Library, so that people can have access to new technology in the library? Or maybe it’s someone like David Koch, or someone who has given so much to medical schools?”

Bartiromo wondered allowed about what would happen to all of this charitable giving by the rich should all of their taxes be raised to such absurd levels.

“You have to wonder what those billionaires would do with their money if the first thing they have to do is give 70 percent of it to the government,” Bartiromo said. “And let’s talk about productivity for a second — a whole ‘nother conversation. Are you going to work incredibly hard with the belief that you can earn great success, and you can get better and more wealth? Are you going to work really hard if you know that, at a point, you’ll have to give it all to the government? I don’t think so. So those comments, to me, seem quite naive.”

(h/t: Mediaite)

The post WATCH: Ocasio-Cortez’s 70 Percent Tax Plan Gets DESTROYED by Fox Business’s Maria Bartiromoro appeared first on RedState.


Source: https://www.redstate.com/brandon_morse/2019/01/22/watch-ocasio-cortezs-70-percent-tax-plan-gets-destroyed-fox-businesss-maria-bartiromoro/


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