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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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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.

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Trending: REPORT: AOC’s Chief of Staff Was Hired After Funneling Money Through Her Boyfriend

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%.

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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Socialism and Gun Control Are Losing Lottery Tickets in Las Vegas

This “spray and pray” method of choosing a nominee has left the oddsmakers in Sin City with only one real choice.

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2020 election

No one can be quite sure if politics will ever be the same after this, the Trump Era.

Certainly, we have already discovered that we will no longer have elections like those we saw in the past, either, with the 2016 circus still continuing to this very day in the Robert Mueller investigation and the “resistance” movement.

The coming 2020 election is shaping up to be no less frenzied than the 2016 contest, although the democrats are the group who’ve convinced themselves to try the “spaghetti on the wall” method of choosing a nominee:  Throw the entire party at the wall and see what sticks.

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This isn’t exactly the sort of shrewd, political nuance that has bookies in Las Vegas sweating, either.  This “spray and pray” method of leading your party has left the oddsmakers with only one real choice.

The entry of Sen. Bernie Sanders and 11 other White House challengers has not changed the gambling odds on the expectation that President Trump will win re-election.

The latest odds, taken after Sanders joined the 2020 race on Tuesday, put Trump as a 3-2 lock to win re-election followed most closely by Sen. Kamala Harris, at 10-1.

And the odds of Sanders winning didn’t budge despite announcing his race, said Dave Mason, the sportsbook brand manager of BetOnline.ag.

In a cruel twist of irony for the doomed democrats, a recent poll showed that they had two frontrunners in a dead heat for 2020.

The problem is that neither of these candidates is currently even running a campaign.  One has even flatly said “no”.

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POLICE: Smollett Hoaxed Hate Crime to Raise Publicity, Paycheck

Smollett’s crimes are heinous to begin with, but a reasoning of mental health concerns or substance abuse would certainly have sat better with the American people than simple greed.

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Jussie Smollett

There are despicable acts committed by despicable people every day, but we, as a society, hold certain egregious infractions as far more sinister than others.

Of course, these are the most heinous of crimes; murder, rape, pedophilia, and hate crimes.  The only situations worse than these acts themselves, is the exploitation of the emotion they cause for personal gain.

That precisely what police are alleging that actor Jussie Smollett has done, now twice having been the phony victim of a phony hate crime concocted by he himself.

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What’s even more vile is the reason that police are saying Smollett committed these acts:  Money.

Jussie Smollett, upset by his salary and seeking publicity, staged a fake assault on himself a week after writing himself a threatening letter, the Chicago police said Thursday after the “Empire” actor surrendered to face a charge of filing a false police report.

Eddie T. Johnson, the visibly angry Chicago police superintendent, said Mr. Smollett had taken advantage of the pain and anger of racism, draining resources that could have been used to investigate other crimes for which people were actually suffering.

Johnson then deftly and tactfully made a plea for Americans to get their heads out of Hollywood.

“I just wish that the families of gun violence in this city got this much attention,” he said at a news conference in Chicago.

Smollett’s crimes are heinous to begin with, but a reasoning of mental health concerns or substance abuse would certainly have sat better with the American people than simple greed.

Of course, given the mainstream media’s soft takes on Smollett, there is certainly time for his PR firm to concoct just such a story in an effort to save his career.

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