I downloaded part of the IRS' tax database to figure out how many people made over $10 million a year in income, to see how much money would be raised by increasing their taxes by 89% (Currently 37% up to Ocasio-Cortez's proposed 70%), and based on the actual raw data, not the lies she's spewing, it would bring in around $230 billion dollars. This tax income I've provided is higher than it would actually be because I didn't apply a marginal tax increase like she's suggesting, I applied the 70% tax to every dollar these people made. I created a huge best case scenario for her and it was still outrageous.
It would take over five times this amount to pay off student loans. It wouldn't begin to cover Medicare for All, free college tuition, free child care, etc., all of which would cost over $30 trillion dollars, more than seven times our current budget. Please let this sink in. The numbers don't even come close to adding up.
It's funny to a point because what she and others are saying is so out there, but then it gets scary that people actually believe them. Our country is in trouble when the masses are getting so dumbed down that they're being led around like sheep. The last thing politicians want is for their constituents to have common sense, logic, and critical thinking abilities as it would destroy their careers. Democrats are selling our country out through promising things they know there's not a chance in the world will occur, all for influence and power.
It would take over five times this amount to pay off student loans. It wouldn't begin to cover Medicare for All, free college tuition, free child care, etc., all of which would cost over $30 trillion dollars, more than seven times our current budget. Please let this sink in. The numbers don't even come close to adding up.
It's funny to a point because what she and others are saying is so out there, but then it gets scary that people actually believe them. Our country is in trouble when the masses are getting so dumbed down that they're being led around like sheep. The last thing politicians want is for their constituents to have common sense, logic, and critical thinking abilities as it would destroy their careers. Democrats are selling our country out through promising things they know there's not a chance in the world will occur, all for influence and power.
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