Tag: ALEXANDRIA OCASIO CORTEZ

WATCH: This Likely 2020 Dem Presidential Candidate Ups The Ante: Speaks Of 90% Tax Rate

By HANK BERRIEN

Apparently unsatisfied with the suggestion of fellow Democrat Alexandria Ocasio-Cortez that wealthy Americans should be forced into a 60-70% tax rate, likely 2020 presidential candidate Julian Castro, who served as the Obama Administration’s Housing and Urban Development secretary, seemed to speculate on Sunday about the possibility of raising Ocasio-Cortez’s bid to 90%.

Appearing on ABC News’ “This Week,” Castro remarked that he could support Ocasio-Cortez’s suggestion, adding, “Oh, I can support folks at the top paying their fair share … There was a time in this country where the top marginal tax rate was over 90%, even during Reagan’s era in the 1980s it was around 50%.”

Castro, the former mayor of San Antonio, Texas, urged “that we get more serious about making sure the corporations pay their fair share. He continued, “During this campaign, if I run, I’m going to be very up front with the American people on how we would do that because I think that they are owed that, but it is worth it. It is worth it in this country for us to do that,” he said, vowing not to be “a single issue candidate.”

In 2015, Democratic presidential candidate Bernie Sanders, never averse to raising taxes, also brought up the Eisenhower tax rates during the Iowa presidential debate. Sanders was asked about tax rates, “Well, let’s get specific, how high would you go? You’ve said before you’d go above 50 percent. How high?” He responded, “We haven’t come up with an exact number yet, but it will not be as high as the number under Dwight D. Eisenhower, which was 90%.”

But as the Tax Foundation explained in 2017, it is true that the top federal income tax rate was 91% for most of the the 1950’s, but the top 1% of taxpayers in the 1950s only paid about 42% of their income in taxes. The Tax Foundation explains that the 91% bracket of 1950 only applied to households with income over $200,000, the equivalent of roughly $2 million today. Additionally, the high tax rate only applied to income above $200,000, not to every single dollar earned.

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Ocasio-Cortez Tax Plan Creates 82.7% Top Income Tax Rate for New Yorkers

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By Alex Hendrie

In an upcoming 60 Minutes interview, Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) will call for federal income tax rates of up to 70 percent as part of a proposal to create vast new government spending programs.

The current top federal income tax rate is 37 percent, so the Ocasio-Cortez plan will nearly double the tax rate for the top bracket.

New York State has a top income tax rate of 8.82 percent while New York City has a top rate of 3.876 percent. So under this proposal, her constituents would pay a top combined income tax rate of 82.7 percent:

Federal income tax rate:   70.0%
NY state income tax rate: 8.82%
NYC income tax rate:       3.876%
TOTAL:                                 82.696%

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New Yorkers would not be the only ones suffering under the Ocasio-Cortez plan. California taxpayers would pay a top rate of 83.3 percent (70 percent plus the California rate of 13.30 percent).

In addition to this high income tax rate, taxpayers would remain impacted by other taxes including payroll taxes, taxes on capital gains income and dividends, and the death tax.

Further, while Ocasio-Cortez has not released details of any other tax hikes to pay for her plan, this would likely not be the only income tax increase if she had her way. For instance, Senator Bernie Sanders (I-Vt.) proposed a $2 trillion 2.2 percent payroll tax on all families and a $10 trillion 6.2 percent payroll tax on all businesses as part of his socialized healthcare plan.

Congresswoman Rosa DeLauro (D-Conn.) and Congresswoman Jan Schakowsky (D-Ill.) have proposed numerous tax hikes including a new, 5 percent surtax on those making $500,000 per year and an increase in the Obamacare payroll tax from 0.9 percent to 4 percent.

Regardless of the specific proposal, it is clear that Democrats want higher taxes on the American people as they made clear when they changed the House rules to make it easier to raise taxes.

Just last night, Democrats rejected a proposal to make permanent the $2,000 child tax credit (up from 1,000) and the $24,000 standard deduction for families (up from $12,000).

Based on their record this will not be the first of many cases where Democrats oppose middle class tax relief and advocate for higher taxes on the American people.

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Alexandria Ocasio-Cortez Proposes 70% Taxation to Pay for ‘Green New Deal’

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By Joel B. Pollak

Newly-installed Rep. Alexandria Ocasio-Cortez (D-NY) is calling for 70% taxation on the wealthy as a way to pay for her “Green New Deal,” which proposes to use government to create new jobs by investing in renewable energy.

In an interview set to air Sunday on CBS News’ 60 Minutes, Ocasio-Cortez — who has begun referring to herself by the nickname, “AOC” — told Anderson Cooper that the “Green New Deal” would “require a lot of rapid change that we don’t even conceive as possible right now,” including raising taxes to a marginal rate of 70%, as in the 1960s.

AOC referred to the 70% rate on people at the “tippy-tops” as the rich merely paying their “fair share” of the tax burden.

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She compared the “Green New Deal” to other “radical” policies like President Abraham Lincoln signing the Emancipation Proclamation, and President Franklin Delano Roosevelt launching Social Security in the New Deal.

As Breitbart News has noted, the “Green New Deal” is in fact an old idea, first championed by President Barack Obama’s “green jobs” czar, Van Jones. It seeks to implement classic socialist policies of state-run enterprises, using the pretext of an environmental crisis.

To that end, proponents often exaggerate the threat of climate change and other environmental challenges. AOC herself has warned of “cataclysmic climate disaster” unless the United States moves to 100% renewable energy sources in the next ten years.

In comparison, California — the most ambitious state in “green” energy policy — has merely set itself a goal of 100% renewables by 2045, more than 25 years away.

Obama’s “green jobs” program was a notable failure, with many investments failing to pay off — most notoriously the solar panel company Solyndra, which failed after Obama, Vice President Joe Biden, and others held it up as a model.

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THE ‘GREEN NEW DEAL’: A RADICAL MANDATE FOR GOVERNMENT CONTROL OF AMERICAN SOCIETY

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By Tom Elliott

‘Ocasio-Cortez sees this plan is being a vehicle through which social equality might finally realized, as it will use reparations to right historical injustices’

Incoming New York Rep. Alexandria Ocasio-Cortez brings with her a massive online following, influence she says she’ll deploy only in support of candidates and politicians who support her plan for a “Green New Deal.”

“The Green New Deal” is something Ocasio-Cortez invokes frequently in media appearances and rallies.

So what’s actually in it?

Her office recently released the text of a proposed House rules change outlining the plan.

The proposed rule change for the upcoming 116th Congress would require the creation of a “Select Committee for a Green Deal” that would be responsible for creating the plan by January 1, 2020, with corresponding draft legislation soon after. The text of the rule change lays out the committee’s jurisdiction and required areas of action.

Its scope and mandate for legislative authority amounts to a radical grant of power to Washington over Americans’ lives, homes, businesses, travel, banking, and more.

Early on, under “Jurisdiction,” the document makes clear its grandiose philosophical vision: “The select committee shall have authority to develop a detailed national, industrial, economic mobilization plan for the transition of the United States economy to become greenhouse gas emissions neutral and to significantly draw down greenhouse gases from the atmosphere and oceans and to promote economic and environmental justice and equality.”

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In addition to achieving its goal of “meeting 100% of national power demand through renewable sources,” the document also repeatedly states the Green New Deal will advance non-environmental projects, such as, “social, economic, racial, regional and gender-based justice.” 

Ocasio-Cortez’s plan further claims it will (virtually) eliminate poverty: “The Plan for a Green New Deal (and the draft legislation) shall recognize that a national, industrial, economic mobilization of this scope and scale is a historic opportunity to virtually eliminate poverty in the United States and to make prosperity, wealth and economic security available to everyone participating in the transformation.”

More specifically, Ocasio-Cortez’s plan calls for, within 10 years, a series of lofty overhauls of American life [emphasis added]:

  • The installation of a “national, energy-efficient, “smart grid.”
  • “Upgrading every residential and industrial building for state-of-the-art energy efficiency, comfort and safety”
  • “Eliminating greenhouse gas emissions from the manufacturing, agricultural and other industries” as well as from America’s transportation and infrastructure network
  • Funding “massive investment” in reducing existing greenhouse gasses

Between its calls for “upgrading” homes and overhauling travel, public infrastructure, and even the way Americans consume electricity, the plan leaves virtually no facet of everyday life untouched. Think of how often you don’t use electricity to imagine how much of your average day the plan wouldn’t impact.

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The proposed committee would also have seemingly total oversight of American industry, with a mandate for pushing union membership. Under “Scope of the Plan,” a section on labor states the committee’s final plan shall: “Require strong enforcement of labor, workplace safety, and wage standards that recognize the rights of workers to organize and unionize free of coercion, intimidation, and harassment, and creation of meaningful, quality, career employment.”

Later in the document, Ocasio Cortez’s plan imagines creating a national jobs force to help people participate in this “transition.” The Green New Deal, it says, shall “provide all members of our society, across all regions and all communities, the opportunity, training and education to be a full and equal participant in the transition, including through a job guarantee program to assure a living wage job to every person who wants one.”

The plan also imagines creating governmental support for “transitioning” minority communities. The deal shall: “ensure a ‘just transition’ for all workers, low-income communities, communities of color, indigenous communities, rural and urban communities and the front-line communities most affected by climate change, pollution and other environmental harm including by ensuring that local implementation of the transition is led from the community level.”

More, Ocasio-Cortez sees this plan is being a vehicle through which social equality might finally realized through the use of reparations to right historical injustices. The final Green New Deal will “mitigate deeply entrenched racial, regional and gender-based inequalities in income and wealth (including, without limitation, ensuring that federal and other investment will be equitably distributed to historically impoverished, low income, deindustrialized or other marginalized communities in such a way that builds wealth and ownership at the community level).”

And if that weren’t enough to ensure that Democratic Socialism could be fully realized in America, the plan includes failsafe in the form of universal income and Medicare for All: The plan, it says, shall “include additional measures such as basic income programs, universal health care programs and any others as the select committee may deem appropriate to promote economic security, labor market flexibility and entrepreneurism.”

Ocasio-Cortez clarifies that this plan would not only need to be financed by taxpayers, but also the Federal Reserve and other institutions the government can create. The end of the document contains a Q&A, one of which deals with the plan’s funding: “The Federal Reserve can extend credit to power these projects and investments, new public banks can be created (as in WWII) to extend credit and a combination of various taxation tools (including taxes on carbon and other emissions and progressive wealth taxes) can be employed.”

Ocasio-Cortez may not be in Congress yet, but she already has a plan to remake the way Americans drive, commute, live, work, and even use the financial system. Let there be little doubt how she aspires to wield power in Washington.
Editor’s Note: This post has been updated with grammatical fixes. 

 

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2018: The year the media predicted Trump’s imminent downfall. Again, again… and again (VIDEO)

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For news consumers, 2018 was the year that the US media went into Trump hysteria overdrive, repeatedly and erroneously predicting his imminent downfall. RT plunged headfirst into a year’s worth of Trump obsession.

Within three months of President Donald Trump’s inauguration, important people on television were already forecasting the president’s resignation over the still unproven allegations that his campaign had colluded with the Kremlin. “The walls are closing in”, “this could be grounds for impeachment” – these were terms that were thrown around literally six months ago. They’re not true now, and they definitely weren’t true in June.

ALSO ON RT.COMFormer NYT editor calls out paper of record for ‘anti-Trump’ bias in new book

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The result of this year-long hyperventilating is now clear upon review: In 2018, CNN, MSNBC and other mainstream outlets took the American people for a ride. Even when California’s wildfires grabbed headlines – or SNL put out Christmas skits – Trump and his allegedly doomed presidency remained the focus.

RT’s Ilya Petrenko relived the fond memories of 2018’s Trump psychosis.

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DEMOCRATS’ SECRET WEAPON TO WIN IN 2020…

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How many millions of dollars did it cost their campaigns to come up with this brilliance?!

Chris Menahan | Information Liberation – JANUARY 2, 2019

The Democrats’ top paid strategists have finally figured out how to make their candidates appear relatable…

Live-streamed cooking videos.

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After Cortez’s live stream got good press, every Democrat appears to have followed.

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This is the greatest outreach strategy since Hillary Clinton said she carries “hot sauce” in her bag!

How many millions of dollars did it cost their campaigns to come up with this brilliance?!

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SOCIALIST OCASIO-CORTEZ SUDDENLY CONCERNED ABOUT GOV’T SPENDING AMID BORDER WALL PUSH

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Silent on giving $10 billion in aid to Mexico, Central America

The American Mirror – DECEMBER 22, 2018

Despite pushing for a socialist “Medicare for all” plan that countless experts argue would bankrupt the nation, Alexandria Ocasio-Cortez is now all of a sudden concerned about paying for things.

On Thursday, the Republican-led U.S. House of Representatives approved $5.7 billion in fundingfor the wall between the U.S. and Mexico.

The measure has not yet been voted on in the Senate amid ongoing negotiations, and the partial government shut down on Saturday morning.

But in response to the $5.7 billion for the wall in the House bill, the New York socialist took to Twitter to claim “no one’s asking the GOP how they’re paying for it.”

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“And just like that, GOP discovers $5.7 billion for a wall. $5.7 billion… What if we instead added $5.7B in teacher pay? Or replacing water pipes? Or college tuition/prescription refill subsidies? Or green jobs? But notice how no one’s asking the GOP how they’re paying for it,” she wrote.

For starters, “no one” is asking how the GOP is “paying for it” because most people understand basic math and how the federal government works.

The federal government is funded by the taxpayers. When Congress passes a spending bill, it must allocate the necessary funding for the the following fiscal year to ensure all government can fully operate.

They didn’t “discover” the money out of thin air, it has been there the entire time. The issue is that in Congress, a spending bill requires a supermajority, meaning 60 votes in the Senate.

No Democrats are agreeing to vote in favor of the House-passed package, so negotiations are ongoing about how much funding — which the government already has — will be allocated for “border security.”

Aside from Ocasio-Cortez not even having a rudimentary understanding of how government works, which she will be part of in a week, many are wondering why she’s not all of a sudden concerned about spending money.

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Alexandria Ocasio-Cortez Claims Jewish Ancestry at Hanukkah Party

By Joel B. Pollak

Representative-elect Alexandria Ocasio-Cortez (D-NY) claimed Sunday night at a Hanukkah party in New York that she has Jewish ancestry.

“A very, very long time ago, generations and generations ago, my family consisted of Sephardic Jews … During the Spanish Inquisition, so many people were forced to convert on the exterior to Catholicism, but on the interior continued to practice their faith … some of those people landed in Puerto Rico,” she told a left-wing group, Jews For Racial And Economic Justice.

During the Inquisition, Spanish Jews were expelled or forced to convert to Christianity, on pain of death. Some converted but quietly maintained their Jewish faith, often seeking refuge in the New World, where they were less likely to be exposed and punished.

The Jewish Virtual Library notes (original links):

Though officially forbidden from settling in Puerto Rico through much of its history, Jews managed to settle on the Island as secret Jews, also called marranos, conversos, or Crypto-Jews.  Jewish immigration to Puerto Rico began in the 15th century, though the community could not flourish as Judaism was prohibited by the Spanish Inquisition and the first synagogue was not established until a few hundred years later.

In recent years, many people in the former Spanish New World — including the American Southwest — have discovered that they have Jewish ancestry. Often, their families maintained Jewish customs across the centuries, such as lighting candles on Friday night, which marks the start of the Jewish Sabbath.

Ocasio-Cortez did not mention that her family had practiced such traditions, nor did she describe her family history with any degree of specificity.

Later, on Twitter, she appeared to suggest that she may simply have shared Jewish ancestry with other Puerto Ricans in general, whom she described as a mix of cultures.

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Unlike Sen. Elizabeth Warren (D-MA), whose dubious claims of Native American ancestry were subject to DNA testing, Ocasio-Cortez’s Jewish claims would be difficult to prove, or to disprove, without a detailed family history.

Oddly, the “democratic socialist” from New York had never mentioned her Jewish ancestry before — at least not in public — even though it might have been politically helpful for her to do so.

(Another self-proclaimed “democratic socialist” from New York City, Julia Salazar, allegedly lied about her Jewish ancestry in running for a New York State Senate seat; she won anyway).

Ocasio-Cortez has expressed anti-Israel views, supporting protests on the Gaza border in May that were organized by the Palestinian terror group Hamas, and calling for an end to the “occupation of Palestine” without specifying what she meant.

She is also closely aligned with the “Women’s March,” which has been accused of antisemitism for its links with Nation of Islam leader Louis Farrakhan.

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