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Perseus

(4,341 posts)

9. Yes, excellent but she needs to be careful

Fri Jan 4, 2019, 11:39 AM

Jan 2019

the powerful do not like things like that, she should go slow on this, the powerful don't have too much compassion when people try to get their money, money is their god and they won't part from it very easily. Worst is the fact that some of them got where they are by the suffering or disappearance of others.

I would like AOC to be around for a long time, she needs to slow down a bit, and I don't mean stop doing the things you want to do, just be more subtle about it because those affected will send all their minions from the republican party after her, and who knows who else.

I am sure that announcement of 60 to 70 % tax made a lot of people spill their coffee this morning when they read it, and phone calls started going all over the place.

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Ocasio-Cortez floats 70 percent tax on the super wealthy to fund Green New Deal [View all] brooklynite Jan 2019 OP

Excellent! shanny Jan 2019 #1

Yes, excellent but she needs to be careful Perseus Jan 2019 #9

We've been keeping our powder dry for decades shanny Jan 2019 #12

I disagree. Nancy can reply, "not that high, by the way it was higher in 1940s, 50s, 60s and 70s.." lostnfound Jan 2019 #20

Love this lady RVN VET71 Jan 2019 #30

But there were tons of tax loopholes then at140 Jan 2019 #32

And now there are no tax loopholes? BadgerMom Jan 2019 #41

Caymans have been around longer than you can imagine at140 Jan 2019 #102

My understanding is that those marginal rates were so high PoindexterOglethorpe Jan 2019 #44

The highest marginal tax rate was blue-wave Jan 2019 #39

Those high tax rates did not kick in until $10mil and then only on amounts over onit2day Jan 2019 #70

LBJ lowered the top tax rate to 74% on those high incomes only. We need to repeal the Reagan tax rat onit2day Jan 2019 #71

1980's - Ronald Raygun years begin with "Trickle Down" packman Jan 2019 #63

That's right, income taxes for the 1% was much higher, so much that 1%ers couldn't afford KCDebbie Jan 2019 #130

Not really. SomethingNew Jan 2019 #151

You may doubt that companies spend more than 1 or 2% KCDebbie Jan 2019 #156

Yes, because WOC always need to go slow... not! Go AOC go! InAbLuEsTaTe Jan 2019 #54

Pelosi is certainly not happy. kstewart33 Jan 2019 #61

It's only class warfare .. CloudWatcher Jan 2019 #67

Yes, let's just keep waiting. lagomorph777 Jan 2019 #78

Fuck "the powerful" and the ultra-rich Politicub Jan 2019 #119

Copy that Magoo48 Jan 2019 #38

Yes, bout fuckin' damn time!! This is why AOC is a born leader... InAbLuEsTaTe Jan 2019 #53

So, what's the the plan for getting this through the Senate? Adrahil Jan 2019 #150

That isn't the plan. shanny Jan 2019 #152

Okay..... here's the thing.... Adrahil Jan 2019 #153

Did I say anything about passing pie in the sky bills? shanny Jan 2019 #154

Good Luck with this approach! Adrahil Jan 2019 #157

This is where I post MY happy dance video...... Crutchez_CuiBono Jan 2019 #2

We need a clean environment more than we need billionaires... we don't need any actually ck4829 Jan 2019 #3

++++ agree iluvtennis Jan 2019 #37

Simple suggestion - write the bill and introduce it. George II Jan 2019 #4

At which point it'll be referred to Committee and never seen again... brooklynite Jan 2019 #6

The noise in itself is important and valuable. Some of us appreciate and applaud it. KPN Jan 2019 #31

Damn straight KPN!! This is no time to be quiet and AOC is rockin' it!! InAbLuEsTaTe Jan 2019 #57

FINALLY! A colossal breakthrough! Eyeball_Kid Jan 2019 #5

Finally? From the 2016 Democratic Party platform: lapucelle Jan 2019 #34

Exactly, I'm so tired of being lectured to that Democrats aren't progressive. LisaM Jan 2019 #68

Pelosi got this passed once before but Rep in senate filibustered it onit2day Jan 2019 #72

We should get back to the 50s level of taxation... PeeJ52 Jan 2019 #7

And stop allowing Koch, Disney & others to dodge taxes by shipping their money to Luxembourg. TheBlackAdder Jan 2019 #45

So that the wealthy can take their money outside of the US TexasTowelie Jan 2019 #137

Bad idea Dopers_Greed Jan 2019 #8

We tax stock trades... PeeJ52 Jan 2019 #10

Checked out a Capital gains table lately? Bengus81 Jan 2019 #74

I'm all for a wealth tax. Scruffy1 Jan 2019 #16

Agreed plus excessive rates are always counterproductive grantcart Jan 2019 #17

In 1961 the top marginal rate was 91%. pangaia Jan 2019 #21

Correlation does not imply causation BBG Jan 2019 #22

Tax Wealth Accumulation Like Income PaulX2 Jan 2019 #26

Eisenhower's administration had a top tax rate of 91%. It was LBJ,not Kennedy, who lowered it to 70% Power 2 the People Jan 2019 #46

No, government revenues did not skyrocket. PETRUS Jan 2019 #49

Sincere thanks for publishing the data that proves my points and disproves yours grantcart Jan 2019 #98

No, I was not making that assumption, and I don't think you're being honest about the data. PETRUS Jan 2019 #100

tax appreciation of assets? IronLionZion Jan 2019 #28

In DC, that's called "gentrification." mahatmakanejeeves Jan 2019 #35

There are various workarounds Dopers_Greed Jan 2019 #42

I've been accused of gentrification in DC IronLionZion Jan 2019 #48

Income from dividends and capital gains is taxed. Nt spooky3 Jan 2019 #29

...but at a lower rate than the money people actually work for FiveGoodMen Jan 2019 #59

Please see the post to which I replied. Nt spooky3 Jan 2019 #64

I agree, but this is a good start. I'm sure she would agree with you as well. KPN Jan 2019 #80

What is wealth? JustABozoOnThisBus Jan 2019 #120

President Eisenhower would have approved htuttle Jan 2019 #11

The top tax bracket during Eisenhower's presidency was just over 90%. KPN Jan 2019 #24

Tax increases on the wealthy are needed for a variety of reasons... ProgLibDem Jan 2019 #13

Fuck the wealthy .... jb5150 Jan 2019 #14

Trump's tax scam watoos Jan 2019 #15

I'm with Alexandria Dorn Jan 2019 #18

First of all, the headline in the POLITCO article is wrong and therefore very misleading. pangaia Jan 2019 #19

If they want most of the income, then they should pay most of the taxes. PeeJ52 Jan 2019 #23

Well, yes, of course... pangaia Jan 2019 #25

Seems like they already are according to this.... MichMan Jan 2019 #138

Exactly! Our current income tax structure is a progressive one, meaning tax rates are set in KPN Jan 2019 #27

Look at the history of the national debt truthisfreedom Jan 2019 #33

This is how you do it. Negotiate by presenting 70% then meet someplace in the middle. Quixote1818 Jan 2019 #36

It used to be worse. Wasn't it over 90% under Eisenhauer? pdsimdars Jan 2019 #40

This is crazy talk kennetha Jan 2019 #43

The top marginal tax rate in 50's, 60's and 70's was about 70% groundloop Jan 2019 #51

Forward to the last century, in other words kennetha Jan 2019 #52

When the middle class was at its peak of powers Cetacea Jan 2019 #55

Oh, so everything we've done economic policy-wise since has been good/progressive? KPN Jan 2019 #82

No that's not the point kennetha Jan 2019 #91

What kind of bullshit is that? Have we given up on wheels and fire? nt PETRUS Jan 2019 #96

Yes, new approaches like global socialist revolution Cal Carpenter Jan 2019 #97

The top tax rate under Eisenhower (50s) was 91%. All federal income tax rates are marginal. KPN Jan 2019 #81

Bingo, kennetha. kstewart33 Jan 2019 #60

Stop criticizing an elected Democratic Congresswoman with words like crazy, living in a KPN Jan 2019 #79

Criticism is absolute crucial. Without it, there is no possibility self-correction and progress. kennetha Jan 2019 #94

20 years ago, Gore's climate change warnings were called crazy talk NickB79 Jan 2019 #105

Carbon Taxes kennetha Jan 2019 #117

She got booed by the corporate-fascist-racist-misogynistic blowhards of the GOP RVN VET71 Jan 2019 #47

It would be insane to ignore the twelve year warning Cetacea Jan 2019 #50

Excellent OP Kurt V. Jan 2019 #56

she doesn't understand income Mosby Jan 2019 #58

She wants to do those as well. But she's smart enough to have a focused message for impact. KPN Jan 2019 #83

What we need to do is eliminate the capital gains rate above a certain level TexasBushwhacker Jan 2019 #62

spouting this nonesense doesn't serve america too well...she needs to beachbum bob Jan 2019 #65

She's talking to the average person, not to seasoned politicians or political junkies. KPN Jan 2019 #86

Won't happen, but glad she's pushing it. Bradical79 Jan 2019 #66

Maybe not that high. And if the intent is to combat emissions. LiberalFighter Jan 2019 #69

Best way to reduce usage of fossil fuels in a $10 per gallon gas tax MichMan Jan 2019 #139

So only the rich can drive? Poor people can't afford new electric cars. n/t EX500rider Jan 2019 #147

I want a unicorn damn it. And i have a better chance to get that then any tax being 60% to 70% Demsrule86 Jan 2019 #73

Unicorns? melman Jan 2019 #75

How about fire-breathing dragons then? TexasTowelie Jan 2019 #136

Tell it to Paul Krugman melman Jan 2019 #144

Thanks for providing the article. TexasTowelie Jan 2019 #146

How many people earn over $10 million in income? oberliner Jan 2019 #76

Plenty Polybius Jan 2019 #140

Not more than a few thousand, right? oberliner Jan 2019 #141

I would have to doubt it Polybius Jan 2019 #142

It seems that the number is small enough that it shouldn't cause such a big ruckus oberliner Jan 2019 #143

Are you all Democrats or just crats? Just wondering - cuz it seems like we got a lot of folks KPN Jan 2019 #77

Perhaps reviewing the difference between "criticizing" and "slamming" ehrnst Jan 2019 #84

Okay ... slamming then. KPN Jan 2019 #87

How so? (nt) ehrnst Jan 2019 #92

"Crats"? What is a "crat"? George II Jan 2019 #85

a member of whatever it is they are KPN Jan 2019 #89

"They?" ehrnst Jan 2019 #93

No response? ehrnst Jan 2019 #99

Not going to play your games. We've been over this several times in the past. KPN Jan 2019 #107

Like I said... ehrnst Jan 2019 #108

Their you go with the aspersions again. KPN Jan 2019 #112

That's a mighty big word! ehrnst Jan 2019 #128

Of course no response. Hey, I know that I will vote a STRAIGHT democratic ticket Eliot Rosewater Jan 2019 #127

Unlike some people, you don't have an easily found history of hatred for Democrats and the party. ehrnst Jan 2019 #129

Seems simple, support Democrats and support people who ALSO support Democrats Eliot Rosewater Jan 2019 #131

You'd think, wouldn't you? ehrnst Jan 2019 #133

There are other people at DU who do that too oberliner Jan 2019 #134

I agree with you. Seems people babylonsister Jan 2019 #90

That's interesting. TexasTowelie Jan 2019 #104

Isn't it, tho? (nt) ehrnst Jan 2019 #106

Lol. And you've read all my posts, right? KPN Jan 2019 #110

Sounds like you've gone back on your vow to "not play silly games." ehrnst Jan 2019 #111

Oh hello there! What a surprise. Stalking is your 2nd move. KPN Jan 2019 #113

Project much? ehrnst Jan 2019 #114

No, but I know someone who does. KPN Jan 2019 #115

"I know you are but what am I?" ehrnst Jan 2019 #116

Lol. KPN Jan 2019 #118

Lulz. ehrnst Jan 2019 #122

Oh I know why. KPN Jan 2019 #124

You hang up first! ehrnst Jan 2019 #125

I did apparently miss one post where you showed support for Pelosi TexasTowelie Jan 2019 #121

You missed more than one, but that's okay. KPN Jan 2019 #123

This message was self-deleted by its author Eliot Rosewater Jan 2019 #126

Since you brought it up - howz about you do a DU search... ehrnst Jan 2019 #132

Large corporations that even do business inside the US need the same 70% however cstanleytech Jan 2019 #88

What about paying for Medicare For All? dansolo Jan 2019 #95

Don't you wonder how all first world nations can do this? Hell even Cuba does it. marble falls Jan 2019 #101

I love her but TheFarseer Jan 2019 #103

It would only affect like a thousand people oberliner Jan 2019 #135

This is a non starter- Obama had to move mountains to get a modest increase redstateblues Jan 2019 #109

This is seconded by Paul Krugman Stargleamer Jan 2019 #145

What about a flat tax? NinaNeon Jan 2019 #148

Why do you say every other country thinks sales tax is wierd? MichMan Jan 2019 #149

Horrible idea. Eliot Rosewater Feb 2019 #159

Totally reasonable to increase top marginal rate to 70%. David__77 Jan 2019 #155

Great and daring idea Mr. Frost Feb 2019 #158

it needs more than that KayF Feb 2019 #160

That's a good point Mr. Frost Feb 2019 #161