Rep. Alexandria Ocasio-Cortez, D-N.Y., talks to MSNBC about “Democratic Socialism,” and capitalism. (Photo: Screenshot) When I wrote about Alexandria Ocasio-Cortez’s so-called Green New Deal, I mostly focused on the very expensive fiscal implications. I also noted that AOC’s proposed 70 percent tax rate on the rich wouldn’t even pay for a tiny fraction of the multi-trillion dollar cost.
In other words, you and I would be pillaged.
Others focused on some of the inane goals of the legislation, such as phasing out cows and air travel.But the part of the plan that produced the most controversy was the promise to provide […]
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