Alexandria Oscasio-Cortez, that is.
The Crippling Cost of 70% Tax Rates
Alexandria Ocasio-Cortez’s proposal would smother investment and innovation, leaving America poorer
On the Wall Street Journal's comments, emphasized by its headline, that's actually fairly debatable. I.e, you can debate it fairly. The upper marginal tax rate has been that high, and even higher, before, and the economy kept on keeping on, but at the same time, reducing it really did seem to spur investment.
But for this post, the amazing thing is that such an inexperienced, in every fashion, individual is rapidly becoming the star of the Democratic sky, and thereby an important figure in contemporary politics. Indeed, some right wing gadflys of the Internet type absolutely freak out over everything she says. For example, she recently made the argument that fighting climate change in her view requires an effort comparable to that which the nation invested in World War Two. Whether you agree with her or not, it's clear what she was saying, but some twitter types are trying to suggest she didn't know we had a Second World War, which is obviously not what she stated at all.
All of this suggests that for whatever reason, perhaps because she's new and novel, or perhaps for some other reason, she's moved from being an unlikely candidate to a rising Democratic star. Perhaps temporarily. . . or perhaps Pelosi better start looking for rooms at Ancient Great Society Rest Home.
Quite a surprising development really.
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