Economy "Radical" Alexandria Ocasio-Cortez

[splendica]

 

[xcvbn]

It's a bit odd.

Rich is a relative term. You hear Jordan Peterson talk about where to drop the line as even middle class Americans are likely top whatever percent of the world.

I personally don't really care to target the 1%. I think the point .001% or something along those lines is right.

I mean, apparently the Forbes top 3 has the same wealth as the bottom 50% of the population.

So that means, of 162,000,003 people. 3 people have the wealth of 162,000,000. I have no issues around super high tax rates for those 3 people, or maybe something along the lines of mandatory charitable donation (how's that for an oxymoron).

Putting it in terms of 3=160,000,000 really puts things into perspective.

As a society we feel more compassion to those 3 than those 160,000,000. The real shock is how so many people are convinced that this is normal and acceptable.

As if demanding a larger share from those 3 will somehow negatively affect any sizable portion of the 160m, or even negatively affect the 3- you could literally cut their wealth by 90% and they still have more combined wealth than millions of Americans.

 

[M3t4tr0n]

Ocasio-Cortez is very attractive.

She's got my vote!

 

[SleepyBoy]

We need to tarriff our trading partners for you to get stuff cheaper...

I need to lower my standard of living so you can virtue signal.

 

[xcvbn]

Its entirely possible to keep moving forward on higher MPG, more new electric vehicles etc over the decades. I fully support investment and development in renewables.

But we will be looking to a lot more than 12 years to remove us completely from fossil fuels. Fossil fuels will always be around.

If we don't make ambitious goals with drastic proposals we'll be looking at centuries instead of decades. Again, lead is another great example where it has been unarguably proven to be one of the nastiest poisons to humans yet decades later it is still widely used.

Now imagine if we were still arguing about the scientific validity of lead poisoning today...

 

[Gluteus Swag]

I am personally in favour of taxing earnings above $250,000/yr at 98.5%.

#OscasioCortez 2024

 

[xcvbn]

Ocasio-Cortez is very attractive.

Wait is this the dancing vid that's supposed to make AOC look bad?? Jesus Christ shes fucking more stacked than I thought

Already told my wife that I may have to leave her for AOC, this might call for expediting the process

 

[VivaRevolution]

Well we pay federal, state, and local taxes. Why would you "not care" when federal tax is about two thirds of total taxes received? I think it's pretty significant. Either way in regards to all taxes combined-



https://www.cnbc.com/2015/01/15/do-the-wealthy-pay-lower-taxes-than-the-middle-class.html

And this-



https://www.forbes.com/sites/michaeldurkheimer/2018/03/01/0-001-percent-one-percent/#7041c192cf21

By any measure we know the top percent dogs pay significantly more out than the majority regardless of money kept aside. We can look to increase that paid amount, and we should, but realistically speaking we shouldn't be looking to double the amount paid. That's excessive, very excessive.

How about triple for anyone making over 10 million a year.

Because 15% tax rate for Warren Buffet isn't cutting it.

 

[kpt018]

That's the problem with Cortez. She knows she wants to take money from rich people because they are too rich and people are too poor, but I don't think she has any structured plan on what she would do if she received that money. If she had context on what the money would be used for and how she thinks it would work we would have a legitimate conversation or debate to discuss. Instead, she is saying basically "rich need to be taxed up to 70% to fund the New Green Deal". Ok cool, but to her every time a plan is mentioned her response is "tax rich people a large amount". You can't do it multiple times because if you do it once, they'll only have 30% left lol.

I think the NGD is as solid as they come, but 70%, then what? When next year we want to fund something else, you're already taxing at 70% to fund the NGD so what do you do then when you need more money for something else? Who do you tax, me, since they are already at 70% or tax them at 90% to fund it?

I really don't think she thinks some of this stuff through which is my #1 problem with her. I read better proposals here in the WR for ideas.

Right. I really haven't seen one well thought out, detailed plan from her. I'm certainly open to the idea that I just haven't seen it yet and it's out there, but as of now I need more details on this stuff!

 

[kpt018]

How about triple for anyone making over 10 million a year.

Because 15% tax rate for Warren Buffet isn't cutting it.

I think the policy positions would be specific to distinguish between ordinary income and capital gains (Warren's position). There are strong arguments to be made to raise capital gains rates.

 

[PEB]

Ocasio-Cortez is very attractive.

This is more appropriate tempo.


She was not in high school she was attending BU at the time.

 

[TeTe]

Unless GM starts making 455 horsepower electric Camaros, I'll keep putting gas in my cars thank you very much.

As far as the tax thing is concerned, if we made it 70 percent for top earners, the rich will take their money and leave the country like they did in France... and they left when it hit 50 percent. It's bad enough that rich people here hide their money in off shore accounts now... wait till it hits 70.

 

[TeTe]

I think the policy positions would be specific to distinguish between ordinary income and capital gains (Warren's position). There are strong arguments to be made to raise capital gains rates.

I'd be okay with an increase in capital gains taxes, inheritance taxes..maintaining corporate taxes... and then just repealing the Federal Income tax all together as a trade off. Taxing income is pretty nefarious to begin with imo.

 

[method115]

Wait is this the dancing vid that's supposed to make AOC look bad?? Jesus Christ shes fucking more stacked than I thought

Already told my wife that I may have to leave her for AOC, this might call for expediting the process

Yea that video was pretty impressive I might be an AOC fan.

 

[kpt018]

I'd be okay with an increase in capital gains taxes, inheritance taxes..maintaining corporate taxes... and then just repealing the Federal Income tax all together as a trade off. Taxing income is pretty nefarious to begin with imo.

I was with you until repeal of federal income tax. We wouldn't be able to fund the government but I'd be all for lowering the federal taxes, particularly for middle class folks.

I don't think it's nefarious because there's really no better way to fund our government (just speaking to taxation generally, obviously the code we have is flawed).

 

[panamaican]

I'm not sure what's insane about that?

1st - our tax brackets stop way too low given the actual income ranges. When someone can earn $10/yr it makes no sense that their tax bracket is the same as the guy making $500k. The guy making $500k has a higher tax bracket than the guy making $20k but not a lower one than the guy making tens of millions. That certainly needs to be addressed.

2nd - we're already moving away fossil fuels. What makes 12 years crazy? We've been setting timelines for every step of the transition.

It's starting to feel like AOC is going to be the new GOP whipping post - no matter what she says it's going to be labelled as unworkable.

 

[PEB]

Unless GM starts making 455 horsepower electric Camaros, I'll keep putting gas in my cars thank you very much.

As far as the tax thing is concerned, if we made it 70 percent for top earners, the rich will take their money and leave the country like they did in France... and they left when it hit 50 percent. It's bad enough that rich people here hide their money in off shore accounts now... wait till it hits 70.

Your no where important enough in the EV community to get anywhere near this beast. All electric runs 0-60 in 2.2 and quarter in 9.5 all electric Camaro with 300 miles of range.






https://media.chevrolet.com/media/u...ges/news/us/en/2018/oct/sema/1029-e-copo.html

 

[Trotsky]

Wow.

Would you honestly say that you think Donald Trump, who is at least good enough for you to defend loyally, is either: (a) more intelligent, (b) more mature and humble to information, (c) more honest, or (d) more likely to advance good faith policy that he accurately represents?

 

[kpt018]

Your no where important enough in the EV community to get anywhere near this beast. All electric runs 0-60 in 2.2 and quarter in 9.5 all electric Camaro with 300 miles of range.






https://media.chevrolet.com/media/u...ges/news/us/en/2018/oct/sema/1029-e-copo.html

I'm not a big car guy (sports guy instead) but that's fucking sweet.

 

[TeTe]

Your no where important enough in the EV community to get anywhere near this beast. All electric runs 0-60 in 2.2 and quarter in 9.5 all electric Camaro with 300 miles of range.






https://media.chevrolet.com/media/u...ges/news/us/en/2018/oct/sema/1029-e-copo.html

I'd buy one, assuming it didn't cost a fortune. Otherwise, it'd still be cheaper to drive the gas powered one I have now.