The darling of the socialist movement in America continues to show her utter ignorance when it comes to politics and the economy. A 70% tax rate for the wealthy, really? Who do you think it is that creates jobs and commerce you bumbling idiot? It’s the wealthy!
How many people does Alexandria Ocasio-Cortez and Bernie Sanders (another socialist) employ (combined)? Answer: ZERO (0)! How many people does Jeff Bezos (the richest man in the world) employ? Answer: 613,300 (in 2018)!
If you multiply 613,300 employees x $28,446 (average salary in 2017) that equals seventeen billion, four hundred forty eight million dollars-plus ($17,448,000,000)! At a 12% tax rate (for a $28,446 salary) that comes to two billion, ninety three million, seven hundred and sixty thousand dollars ($2,093,760,000)!
So you see my dearest (ignorant) socialist. Wealthy people generate a great deal of taxable income! Even if Jeff Bezos paid ZERO in taxes, he would still generate over $2 billion dollars in taxes (using only an average salary income for all its employees). Simple math never fails.
Similar numbers apply to Bill Gates, Warren Buffet and others.
When are so-called journalists going to stop this bimbo in her tracks with real numbers (facts)? TGO
Video: YouTube