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Ocasio-Cortez Defends Her 70-Percent Billionaires Tax Rate Proposal Over Ice Cream With Colbert Ocasio-Cortez Defends Her 70-Percent Billionaires Tax Rate Proposal Over Ice Cream With Colbert
Ocasio-Cortez Defends Her 70-Percent Billionaires Tax Rate Proposal Over Ice Cream With Colbert Another prominent New York politician took center stage on “The Late Show with Stephen Colbert,” taking aim at some of the nation’s wealthiest. Freshman Congresswoman Alexandria Ocasio-Cortez (D-Bronx/Queens), a 2007 Yorktown High School graduate, appeared on the CBS late night show on Monday to debunk rumors regarding her proposed 70 percent marginal income tax, which would target multi-millionaires.  “When we talk about a 70 percent marginal tax rate,” she said to Colbert. “It’s not on all of your income. It’s on your 10 millionth and one dollar. So after you make 10 million dol…

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by Zak Failla