Tax The Rich, Then Tax Them Some More
Freshman Rep. Alexandria Ocasio-Cortez (D-N.Y.) has suggested bringing back a top marginal tax rate of 70 percent for the ultrarich. (DON EMMERT via Getty Images)/ If you close your eyes and listen, sometimes you can hear the Overton Window creaking open a little at a time, a gasp of glass against swollen wood. Thanks to daring freshman Rep. Alexandria Ocasio-Cortez and a few helpful wonks who’ve , the idea of taxing the rich at much higher rates has burst into the political sphere with renewed vigor this week. Ocasio-Cortez suggested a 70 ...
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