CNBC: The super rich at Davos are scared of Alexandria Ocasio-Cortez’s tax proposal targeting the wealthy
The super rich attending Davos have misgivings about Ocasio-Cortez’s proposal to boost the tax rate on earnings above $10 million to 70 percent.
How many times have millionaires and billionaires at the World Economic Forum talked this much about a freshman Congresswoman? Alexandria Ocasio-Cortez thinks they are focusing on the wrong things.
It’s wild that some people are more scared of a marginal tax rate than the fact that 40% of Americans struggle to pay for at least one basic need, like food or rent.
Imagine if we focused positively, away from fear of the former toward solving the latter.https://t.co/91SoKmhGxx
— Alexandria Ocasio-Cortez (@AOC) January 22, 2019
