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Home Front: Politix
Julian Castro cites 90 percent tax on rich in defending Alexandria Ocasio-Cortez on tax hikes
2019-01-07
[Wash Examiner] Likely 2020 Democratic presidential candidate Julian Castro agrees with Rep. Alexandria Ocasio-Cortez that tax rates on some of the wealthiest Americans should skyrocket.

"Oh, I can support folks at the top paying their fair share," Castro told ABC News' "This Week" on Sunday when asked directly whether he could endorse the high-profile New York Democrat's idea.
"fair share" = "Give it all to us. Now go earn more so we can confiscate that too"
The Obama-era Housing and Urban Development secretary, who is expected to officially announce he's running for the White House this week, made the comments after Ocasio-Cortez caught flak for suggesting people earning more than $10 million could be taxed between "60 or 70 percent."

In offering support to Ocasio-Cortez, Castro provided historical context given the current highest marginal income tax bracket is 37 percent for those receiving more than $500,000 a year.

"There was a time in this country where the top marginal tax rate was over 90 percent, even during Reagan's era in the 1980s it was around 50 percent" the former mayor of San Antonio, Texas, said.

Castro also floated "that we get more serious about making sure the corporations pay their fair share," so the country can fund policy programs like "Medicare-for-All," as well as universal pre-kindergarten and higher education.

"During this campaign, if I run, I'm going to be very up front with the American people on how we would do that because I think that they are owed that, but it is worth it. It is worth it in this country for us to do that," he said, vowing not to be "a single issue candidate."

Castro additionally responded to criticism he didn't have the foreign policy experience to be the next occupant of the Oval Office. He said his time serving in former President Barack Obama's Cabinet and as San Antonio's mayor "certainly qualifies one to be commander in chief."
*snort*
Last month Castro said he believed U.S. troops should be pulled from Syria though he would have handled the situation differently to President Trump.
"And that would be?"
"Different"
Posted by:Frank G

#19  Not that there's anything wrong with that.
Posted by: Greremble Croluque8578   2019-01-07 22:49  

#18  The discus? Apollo, don't risk it!
Appalling! It falls like a biscuit,
And, growing and growing...
Yo, Zephyr, quit blowing!
Oof! Right in the viscus... er, brisket.
Posted by: Sleagum Ebboter4917   2019-01-07 22:45  

#17  Hmmm. Why, oh why, did I spell "Hyacinth" with two "Y's?" Unwise.
Posted by: Jusosh Sleagum9356   2019-01-07 22:42  

#16  Warren "Hyacynth" Buffet

Whahahhaha
Posted by: Besoeker   2019-01-07 17:48  

#15  Boofay and C*ck

Just skimming through comments, but possibly.... Warren "Hyacynth" Buffet and the eeeeevil "too many" Koch brothers?
Posted by: Whurong Gling9816   2019-01-07 17:46  

#14  Let's start with all the left wing billionaires.

I'm sure they'll be thrilled to be guinea pigs in this exciting social experiment.
Posted by: charger   2019-01-07 17:36  

#13  This is an attack on the righteous. The Most High God requires 10%. The Dims want to rob you of the rest.
Posted by: Ebbavirt Clunk4147   2019-01-07 17:14  

#12  Translation, please, for go Boofay and C*ck.
Posted by: trailing wife   2019-01-07 16:58  

#11  But it is capitalist.
Posted by: Bright Pebbles   2019-01-07 16:36  

#10  Tax government products AKA title (land, Patent, Copyright, extraction) That is downright un-American!
Posted by: Anguper Hupomosing9418   2019-01-07 14:58  

#9  Any tax on earnings greater than 0% is a fine on productivity.

Tax government products AKA title (land, Patent, Copyright, extraction) instead of fining people for being productive.

It's the capitalist thing to do. Just ask Winston Churchill.
Posted by: Bright Pebbles   2019-01-07 13:30  

#8  Ocasio-Cortez and Julian Castro: Now do you understand whey Latin American nations are pesteholes?
Posted by: Bertie Snunter9710   2019-01-07 13:08  

#7  ^ Yes. and then they go Boofay and C*ck and say they are in favor of it.
Posted by: M. Murcek   2019-01-07 12:53  

#6  What the rich do to protect themselves then is to buy politicians, get a NYC phone book size exemptions, and employ accountants to insure they keep their assets. You corrupt the whole process. We live in it already. You just throw gasoline on the fire.
Posted by: Procopius2k   2019-01-07 12:48  

#5  And the same rich folk that tax would target would either avoid it or leave.

Duh. Traded brains for teeth and eyes.
Posted by: gorb   2019-01-07 12:21  

#4  various countries in Euro land are sometimes cited for high marginal income tax rates (e.g., Finland at 65%, Sweden at 70%) but these countries also have enormous Value Added Taxes in the 20% range

I wish the news anchors would ask lefties about the VAT also
Posted by: lord garth   2019-01-07 11:58  

#3  ANd why was the rate lowered from 90% (way back when) to 50% and even 37%? Evil right-wingers stealing from 'the people'?
Posted by: Bobby   2019-01-07 11:49  

#2  "I Am Cornhoolian!"
Posted by: M. Murcek   2019-01-07 11:49  

#1  90% tax is punishment for success and achievement. How about a 90% tax on bone-head left-wing politicians who use government for self-enrichment and a life time job.
Posted by: JohnQC   2019-01-07 11:10  

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