Every so often, we have moments in America when the political class starts feeling enormous pressure to significantly “tax the rich.”
Credit newly sworn-in member of Congress Alexandria Ocasio-Cortez with helping to spark one the most recent one. On “60 Minutes” Sunday, the break-out political star went before a national audience and called for nearly doubling—to as high as 70 percent—the tax rate the super-rich face on income over $10 million.
That call has captured the attention of public and pundits alike. For good reason. No high-profile national figure has gone on national television and advocated for giving the rich such a serious soak since… well, since before we had national television.
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