alexandria ocasio-cortez steve scalise tax rate

60 Minutes/YouTube

Steve Scalise and Alexandria Ocasio-Cortez Twitter spat over tax rate turns ugly

Nothing like a Twitter tax spat to close out the weekend.

 

Ellen Ioanes

Tech

Posted on Jan 6, 2019   Updated on May 20, 2021, 10:07 pm CDT

After Rep. Alexandria Ocasio-Cortez (D-N.Y) introduced a marginal tax rate of 70 percent on the nation’s wealthiest citizens fought back. Rep. Steve Scalise (R-La.) shot back at Ocasio-Cortez, and things got ugly.

Scalise responded to Ocasio-Cortez’s recent appearance on 60 Minutes, on which she proposed the increased tax rate to help fund her proposed Green New Deal.

Once you get to, like, the tippy tops—on your 10 millionth dollar—sometimes you see tax rates as high as 60 or 70 percent. That doesn’t mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder you should be contributing more,” Ocasio-Cortez told anchor Anderson Cooper.

On Jan. 5, Scalise tweeted a link criticizing the interview with the caption, “Republicans: Let Americans keep more of their own hard-earned money Democrats: Take away 70% of your income and give it to leftist fantasy programs.”

Ocasio-Cortez shot back, saying, “You’re the GOP Minority Whip. How do you not know how marginal tax rates work?”

https://twitter.com/AOC/status/1081761714096476160

Many of her followers responded with sassy and supportive messages.

But Scalise pulled out some not-so-lighthearted responses from Ocasio-Cortez’s followers.

Hi @AOC,” Scalise tweeted. “Happy to continue this debate on the Floor of the People’s House, but it’s clearly not productive to engage here with some of your radical followers. #StayClassy.”

Some of the responses refer to a shooting injury Scalise sustained in 2017 when a lone gunman apparently upset about President Donald Trump’s election shot Scalise.

Scalise has undergone multiple surgeries for his injuries and walks with a cane.

Ocasio-Cortez’s tax proposal suggests taxing income above $10 million at 70 percent. Respected economists have suggested a similar tax rate and other European countries have comparable wealth or income tax rates, according to the Washington Post.  Previous administrations have also had high marginal tax rates; in the 1950s, the marginal tax rate on income over $200,000 was consistently above 90 percent.

Share this article
*First Published: Jan 6, 2019, 8:16 pm CST