Now Reading
Alexandria Ocasio-Cortez explains how corporations, carbon taxes and $700B from military will fund socialism (Video)

Alexandria Ocasio-Cortez explains how corporations, carbon taxes and $700B from military will fund socialism (Video)

The new “leader” of the Democrat left, Alexandria Ocasio-Cortez is tangled up in the most basic of questions teed up to her by establishment left Daily Show host Trevor Noah.

Remember to Please Subscribe to The Duran’s YouTube Channel.

Via Zerohedge

The “new face” of the Democratic party, 28-year-old Alexandria Ocasio-Cortez, botched yet another simple question about her political views that sheer spunk and tenacity couldn’t overcome.

During an appearance on last night’s Daily Show, host Trevor Noah pitched Ocasio-Cortez perhaps the slowest softball he could – asking her to explain how she’s planning on paying for her “Medicare for All” agenda along with her other ideas on funding Democratic Socialism, reports the Daily Caller.

“This is an excellent question,” she replied – the standard response to buy time while one’s brain clicks away at various options.

Unfortunately, the rest of her answer did not compute:

“I sat down with a Nobel Prize economist last week — I can’t believe I can say that, it’s really weird — But one of the things that we saw is, if people pay their fair share, if corporations and the ultra wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary paid, 15 percent tax rate, if corporations paid — if we reverse the tax bill, raised our corporate tax rate to 28 percent … if we do those two things and also close some of those loopholes, that’s $2 trillion right there.”

Via the Daily Caller…

She also said it would take $3 trillion to $4 trillion and a carbon tax to create a “renewable energy economy” and claimed the Trump tax cut bill prevents the wealthiest Americans from paying “their fair share.”

“One of the wide estimates is that it’s going to take $3 trillion to $4 trillion to transition us to 100 percent renewable economy,” she continued.

Ocasio-Cortez continued…

So we’ve got $2 trillion from folks paying their fair share, which they weren’t paying before the Trump tax bill.”

“They weren’t paying that before the Trump tax bill. If we get people to pay their fair share, that’s $2 trillion in 10 years. Now if we implement a carbon tax on top of that, so that we can transition and financially incentivize people away from fossil fuels, if we implement a carbon tax — that’s an additional amount, a large amount of revenue that we can have.

As Zerohedge further reports, Ocasio-Cortez also said that she would “re-prioritize” military spending, shooting off the completely false claim that “Just last year we gave the military a $700 billion budget increase, which they didn’t even ask for.” “They’re like, ‘We don’t want another fighter jet!’ They’re like, ‘Don’t give us another nuclear bomb,’ you know?”

https://twitter.com/jonathanvswan/status/1022962760202838016

Is it any surprise that  James Comey and the establishment left is freaking out over the socialist “rising star.”

Liked it? Take a second to support The Duran on Patreon!

9
Leave a Reply

avatar
9 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
7 Comment authors
Man Splainerfranz kafkaobidiah_slopeCheryl BrandonJames Johnson Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
franz kafka
Guest
franz kafka

Americans have now tried various combinations of Stupid, Corporate White Guys and a Mulatto.
That failed spectacularly.
Now they are being told that adding ‘female’ and ‘socialist’ to the mix will solve everything.

obidiah_slope
Guest
obidiah_slope

LOL……why wouldn’t it? The whole name of the game is Communism……..i.e. One World Government.

Cheryl Brandon
Guest
Cheryl Brandon

I would not be quick to take any advice from either Trevor Noah/ Jonathon Swan or James Comey who tried to help overthrow the elected President of USA.1; It is about getting figures wrong or right; USA military is spending too much on it’s military;Total fraudulent sums. 2.. How many of the former POTUSES were great with figures; They all LIED.3. Alex is a rookie, stop trying to trample or eat up your young; No society which eats it’s young will survive. She will get better. Just to remind LIAR Comey, if Bernie Sanders had not been cheated by the… Read more »

James Johnson
Guest
James Johnson

And she will be the boss she thinks.

Vicki Lim
Guest
Vicki Lim

What she just said will fly with the Democrats I know. They aren’t going to check numbers and she comes across as someone they could support. They don’t understand that the country is in bad shape financially so of course all of that can be done, no problem. She will be a force to be reckoned with.

Unfettered Fire
Guest
Unfettered Fire

She fizzled on the “how’re you gonna pay for it” question. She needs to learn MMT, that explains how the economy really works. “We don’t need tax increases, we just need to recognise the sovereign currency issuing powers of government to fund social care. Remember taxes don’t fund spending and governments make choices about how they will spend based not on whether there is enough money in the mythical public purse but rather their political agenda. They decide who will gain and who will lose. We have been deceived and it’s time we learned the truth. The state finances are… Read more »

Unfettered Fire
Guest
Unfettered Fire

Money creation has been privatized, up to 97%. Government also has the authority to issue its own currency into existence. The Keynesian welfare state never ended, it just expanded and transferred its priorities to the MIC, which muscles up to the table and demands a near trillion per year, along with other corporate welfare queens. We need to demand investment in the public sector. Fiscal government policy, not monetary private bank policy, is the way. Even Ben Bernanke said that “monetary policy is not a panacea.” No, it isn’t, especially when the private banks abused their money creation privileges and… Read more »

Man Splainer
Guest
Man Splainer

It’s not hard to figure out why men do the ruling.

Copyright DRN Media PLC 2019. RSS: http://theduran.com/feed

Scroll To Top