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This is socialism: Ocasio-Cortez proposes new 70 percent federal tax rate to fund...

• https://www.naturalnews.com

Natural News) Wherever it has been tried, true socialism as an economic model has been a resounding failure in literally every case, as evidenced in places like Venezuela and Cuba, the latter of which has elements of communism thrown in for good measure.

And yet, it is a model that leaders around the world continue to push, as though trying it one more time will finally yield positive results.

Nowhere is the push for socialism more confusing than in the United States, where the capitalist economic model has led to the greatest economic expansion and creation of wealth among the largest number of people than in any country throughout history.

Nevertheless, socialism has several supporters in the newly-seated 116th Congress, and already backers are proposing the very same measures that have doomed socialism as a successful economic model around the world.

Rep. Alexandria Ocasio-Cortez, who has proposed a "Green New Deal" that, if it were to ever become law or policy would be the biggest expansion of the federal government since our founding, wants to pay for the tens of trillions of dollars it would require by — wait for it — 'taxing the rich.'

A lot. Like 70 percent.

In an interview with Anderson Cooper for the CBS News program "60 Minutes," Ocasio-Cortez made a number of historically incorrect and wholly inappropriate statements to justify leveling new tax rates of between 60-70 percent on Americans at the "tippy top" of the earnings range.


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