Alexandria Ocasio-Cortez recently suggested raising the top tax rate to 70 percent in order to raise money to fund climate change investments. Conservatives were dismayed by the proposal while liberals and leftists generally defended the proposal by pointing to the fact that top tax rates in the United States were once 91 percent and by pointing to tax scholarship that says rates that high (or even higher) are optimal…

Read More At:
https://jacobinmag.com/2019/01/ocasio-cortez-taxes-rich-sweden

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