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AOC’s Tax Plan Gets Trashed by One of America’s Most Charitable Billionaires

The hits keep coming for Cortez, who is losing support within her own party as of late.

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Alexandria Ocasio-Cortez

Freshman Congresswoman Alexandria Ocasio-Cortez has given Americans plenty of reasons to question the confidence she carries.

Certainly, AOC is brash and powerful.  She has sprinted onto the scene with the social media skills that only a millennial would understand, and has begun to play the role of precocious progressive smarty-pants on Capitol Hill.

The problem seems to be that AOC nearly constantly has her foot in her mouth, with pie-in-the-sky policies that the rest of Congress scoffs at…regardless of their political designation.

Trending: Obama Now Demanding TV Stations Stop Running Anti-Biden, Pro-Trump Ad In South Carolina

One such subject on which Cortez is being rebuked by the great minds of our nation is her plan to “soak” the wealthy with massive new tax rates, possibly between 70% and 90%.

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Microsoft founder, billionaire, and philanthropist Bill Gates has something to say about that.

Bill Gates says he’s fine with the idea of higher taxes for the rich, but plans like the one being championed by Alexandria Ocasio-Cortez, which target the top income brackets, are too extreme—and could encourage the wealthy to hide their money in offshore accounts.

Gates, in an interview with The Verge, didn’t mention Ocasio-Cortez or her well-publicized tax proposal directly by name, but his focus was clear. While the Microsoft co-founder and world’s second richest man agreed the U.S. could be “more progressive,” he downplayed “extreme” proposals, such as the freshman representative’s plan to raise the top tax rate from 37% to 70%.

“I believe U.S. tax rates can be more progressive. Now, you finally have some politicians who are so extreme that I’d say, ‘No, that’s even beyond,’” Gates said. “You do start to create tax dodging and disincentives, and an incentive to have the income show up in other countries and things. But we can be more progressive without really threatening income generation—what you have left to decide how to spread around.”

For Bill Gates to denounce those who hide money offshore is more than just a bit hypocritical.

A 2015 article from the Seattle Times estimated that Microsoft had moved approximately $108 billion in revenue overseas.

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Devin Nunes Says ‘Deep State’ Exists And Is ‘Much Worse Than Even I Thought It Ever Was’

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For the last several years we’ve been hearing the term “deep state” from folks in the Trump administration as well as from conservative pundits and news organizations in reference to a secret, shadowy group of leftist individuals within the government working against President Trump and his agenda for our country. Some folks have claimed this is all just a tinfoil hat kind of conspiracy theory, but if what Rep. Devin Nunes says is true, then not only is this network of resistance defectors real, it’s far worse than we could have imagined. Here’s more on this story from The Washington Examiner: California Rep. Devin Nunes, the ranking member on the House Intelligence Committee, spoke to Fox News host Sean Hannity on Wednesday about his efforts to raise awareness of bureaucracy within the federal government believed to be undermining President Trump. “One thing that I tell the American people every time that I speak and I go out on the road and I talk to people is that, remember, the deep state here is much worse than even I thought it ever was,” Nunes said in an interview along with Rep. Jim Jordan, an Ohio Republican, to talk about efforts to renew and reform parts of the Foreign Intelligence Surveillance Act. Trump’s distrust of people inside the White House and the federal government has intensified since his impeachment and acquittal, and he believes his government is filled with “snakes” he wants to be fired and replaced. Steps are already being taken to weed them out. A network of conservative activists led by Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, is helping compile detailed memos of disloyal government officials they want to be fired, while also finding Trump loyalists to replace them, according to Axios. According to Nunes, the…

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Former GOP Presidential Candidate Herman Cain Slams Bernie Sanders; Says ‘Democratic Socialism Doesn’t Exist’

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Conservative pundit and former GOP presidential candidate Herman Cain recently went after Sen. Bernie Sanders, the current top contender for the Democratic Party’s presidential nomination, stating that Sanders’ version of “Democratic socialism” does not exist. Sanders has had a bit of a rough week after making some rather controversial statements praising some of the “good” done by communist dictator Fidel Castro during his time in Cuba, comments he later doubled down on instead of backing away from. Here’s more on this from The Washington Examiner: “Bernie Sanders would have you believe that he is not like the socialists who have ruined Venezuela, Nicaragua, Cuba and — going back a few years — all of Eastern Europe,” Cain wrote in an opinion article in the Western Journal. “Oh sure, he agrees with many of their economic ideas, but don’t worry. He’s a democratic socialist, and that’s different.” Cain then said, “Democratic socialism doesn’t exist. That’s because it can’t exist, because socialism can’t take hold in a truly democratic system.” “In order for socialism to ‘work,’ the state has to take control of major industries like health care, energy and manufacturing,” he wrote. “It has to confiscate massive amounts of private wealth. It has to control the means of production and distribution. It has to control wages and prices. It has to monopolize things like higher education.” Sanders has been riding high off victories in New Hampshire and Nevada and has stated that he believes Democratic socialism will lead to political and economic freedom for people in every community. The Vermont senator has accused President Trump and others on the right side of the political spectrum of fear mongering concerning his socialist views and policies, particularly when it comes to the issues of healthcare, the economy, and climate change. The fact that…

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