Former GOP Gov. Walker was educated by Twitter after reading children about the 70% tax plan of Ocasio-Cortez
Former GOP Governor Scott Walker trained through Twitter after informing children about the 70% Ocasio-Cortez tax plan while hiding $ 10 MILLION to pay
- Rep. Alexandria Ocasio-Cortez called for taxing the rich at & # 39; 60 Minutes & # 39;
- She called for rates of up to 70 percent for those who earn $ 10 million
- Wisconsin Gov. Scott Walker misinterpreted her proposal
- He tweeted an example for children where grandmother took $ 7 from $ 10
- & # 39; Even 5th graders pick it up & # 39;
- Ocasio-Cortez noted that the children would keep all the money because it's only $ 10 & # 39; is
Geoff Earle, deputy U.s. Political editor for Dailymail.com
Former Wisconsin Gov. Scott Walker wrote a pedantic tweet about tax rates for & # 39; 5th graders & # 39; – and was then trained by Rep. Alexandria Ocasio-Cortez in the first term about how her 70 percent highest tax rate would really work.
Walker, a Republican governor and former presidential contender who lost his race against Democrat Tony Evers in November, decided to go to Twitter for the tax proposal of the freshmen legislature, that they are on CBS & # 39; 60 Minutes & # 39; to enter.
Walker wrote Tuesday: & # 39; Explain tax rates before Reagan to 5th graders: & # 39; Imagine you were doing chores for your grandmother and she gave you $ 10. When you came home, your parents took away $ 7 from you. "The students said:" That is not fair! "Even 5th graders understand," he wrote.
BACK TO SCHOOL: Former Wisconsin Gov Scott Walker gave an example where the grandmother of a child took away $ 7 of their income to try and scrap a democratic tax plan. But the tax of 70 percent would only start when the income reaches the millions.
A few hours later, Ocasio-Cortez, who has been engaging in a number of Twitter battles since her entry into the congress and her followers are shooting up, took over the medium to tell Walker how the work would work.
& # 39; Statements of marginal taxes to an extreme-right former governor: imagine that you were doing chores and they gave you $ 10, & # 39; she wrote, with the Spanish word for grandmother.
"When you come home, you have to keep it, because it's only $ 10." When we taxed the billionaire in the city because he wasted a lot of money on the people in town, "she wrote.
& # 39; Explanatory marginal taxes to an extreme-right former governor & # 39 ;, Ocasio-Cortez shot back
& # 39; Even 5th graders understand, & # 39; wrote Walker
Walker said that even & # 39; 5th reviewers make it up, but gave a hypothetical example that the point of the tax plan of Rep. Ocasio-Cortez failed.
Ocasio-Cortez made a repercussion against Republicans when they drove a tax rate of 70 percent. But it was really good in a new Hill-Harris study
Walker then tried to explain that taxes on the rich would inevitably increase
Although it did not introduce it as legislation, Ocasio-Cortez told CBS that its plan would indeed include a top percentage of up to 70 percent. But that would only be for those who earn about $ 10 million.
And while she took the trouble to notice in her interview, even for the millionaire, the entire $ 10 million profit would not be taxed at the highest price.
The way the marginal rates work, the first, for example, $ 100,000 in revenue would be taxed at the rate that such an earner would pay, with top rates breaking down the higher amounts of revenue.
As Ocasio-Cortez described it: & # 39; You look at our tax rates in the years & # 39; 60 and if you have a progressive tax rate, your tax rate, let's say, from zero to $ 75,000 may be ten percent or fifteen percent, & # 39; she said.
& # 39; But once you reach the tippy peaks, on your 10 millionth dollar, you sometimes see tax rates as high as 60 or 70 percent, & # 39; she said. & # 39; That does not mean that all 10 million dollars are taxed extremely high, but it means you have to contribute more to climbing this ladder. & # 39;
Ocasio-Cortez made a repercussion against Republicans when they drove a tax rate of 70 percent. But it was really good in a new Hill-Harris study. Increasing the highest rate to 70 attracted 59 percent in the survey. Even among Republicans the idea got 45 percent support, with 55 percent against it.