Alexandria Ocasio-Cortez is the new darling of the left.
The self described Democrat socialist is the star of the incoming Democrat majority.
But she just destroyed her career in one shocking video.
In an interview with CBS 60 Minutes, Ocasio-Cortez outlined her plan for a “Green New Deal.”
She wants to use Global warming as an excuse to institute Soviet style command and control economic policies.
Interviewer Anderson Cooper asked her how she intended to pay for his program.
Ocasio-Cortez declared she would raise the tax rate to 60 or 70 percent.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) is floating an income tax rate as high as 60 to 70 percent on the highest-earning Americans to combat carbon emissions.
Speaking with Anderson Cooper in a “60 Minutes” interview scheduled to air Sunday, Ocasio-Cortez said a dramatic increase in taxes could support her “Green New Deal” goal of eliminating the use of fossil fuels within 12 years — a goal she acknowledges is ambitious.
“What is the problem with trying to push our technological capacities to the furthest extent possible?” Ocasio-Cortez asked.
“There’s an element where yeah, people are going to have to start paying their fair share in taxes.”
Ocasio-Cortez pointed out that in a progressive tax rate system, not all income for a high earner is taxed at such a high rate. Rather, rates increase on each additional level of income, with dramatic increases on especially high earnings, such as $10 million.
Americans were speechless.
Democrats now count on wealthy suburban voters as a key part of their coalition.
The left is riding high after their midterm victory.
But now they need more than anti-Trump rants.
They have to produce real results.
And if they are going to run on a platform of 70 percent tax rates they are doomed.
They did not sign up to have the government confiscate the majority of their paycheck.