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The Official Thread for Democratic Socialism


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CBS will showcase young Alex on 60 Minutes this Sunday. A sneak preview:

ANDERSON COOPER: You're talking about zero carbon emissions. No use of fossil fuels within 12 years? 

ALEXANDRIA OCASIO-CORTEZ: That is the goal. It's ambitious. And — 

COOPER: How is that possible? You're talking about everybody having to drive an electric car? 

OCASIO-CORTEZ: It's going to require a lot of rapid change that we don't even conceive as possible right now. What is the problem with trying to push our technological capacities to the furthest extent possible? 

COOPER: This would require, though, raising taxes. 

OCASIO-CORTEZ: There's an element where, yeah, people are going to have to start paying their fair share in taxes. 

COOPER: Do you have a specific on the tax rate? 

OCASIO-CORTEZ: You know, you look at our tax rates back in the '60s and when you have a progressive tax rate system your tax rate, you know, let's say from zero to $75,000 may be 10 percent or 15 percent, et cetera. But once you get to like the tippy tops on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent, that doesn't mean all $10 million are taxed at an extremely high rate but it means that as you climb up this ladder, you should be contributing more. 

COOPER: What you are talking about, just big picture, is a radical agenda compared to the way politics is done right now. 

OCASIO-CORTEZ: Well, I think that it only has ever been radicals that have changed this country. Abraham Lincoln made the radical decision to sign the Emancipation Proclamation. Franklin Delano Roosevelt made the radical decision to embark on establishing programs like Social Security. That is radical. 

COOPER: Do you call yourself a radical? 

OCASIO-CORTEZ: Yeah, you know, if that's what radical means, call me a radical. 

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If that did happen I'm sure that would fix all the governments problems and they'd no longer be running a deficit.  Actually they'd come up short, the middle class would get hammered more than they do now and we'd still be running up debt.  I like how our elected officials are good at coming up with new ways to tax citizens but addressing spending is their kryptonite.    

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48 minutes ago, Catwhoshatinthehat said:

If that did happen I'm sure that would fix all the governments problems and they'd no longer be running a deficit.  Actually they'd come up short, the middle class would get hammered more than they do now and we'd still be running up debt.  I like how our elected officials are good at coming up with new ways to tax citizens but addressing spending is their kryptonite.    

The middle class flourished during the Eisenhower administration when the tax rate for the top have of haves was over 90%.

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1 minute ago, Rico said:

The middle class flourished during the Eisenhower administration when the tax rate for the top have of haves was over 90%.

I wouldn't base any economics decisions on the 1950s. The US was one of the few non-war ravaged industrial countries on the planet. Literally any political system would have succeeded.  A system based entirely on bartering cats for services would have worked.

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1 hour ago, Geoff said:

It's great to know that both sides are now embracing a factless environment.  As long as the topic fits your moral criteria, you're good.

 

 

Pretty solid complete misrepresentation of her meaning.  It’s not even quoted correctly. And out of context.  

Edited by UndertheHalo
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