Democratic Socialist candidate Alexandria Ocasio Cortez recently appeared on the Daily Show, which should have been a very friendly venue for her, and was asked to explain how the U.S. could pay for what she wants to do. It was painful to watch and the audience was silent.
Townhall has the details:
Trevor Noah Asks Ocasio-Cortez: ‘How Do You Pay for All These Ideas?’
After Ocasio-Cortez went through the main things she wants government to pay for, including Medicare for all and education, Noah brought up the more practical side of things.
“You always see people coming in with economic arguments, and they say, look, these numbers don’t really add up,” he argued. “You know, in order to get healthcare for everybody, this is what it would cost. That’s going to be troubling. Even if you reverse the Republican tax deal, that’s only going to make up 5% of what we need to pay for Medicare for all. How do you pay for education- how do you pay for all these ideas?”
Ocasio-Cortez responded first by saying she had “sat down with a Nobel Prize economist last week,” laughing, “I can’t believe I can say that, it’s really weird.”…
“One of the things that we saw is, if people pay their fair share,” she said, “if corporations and the ultra-wealthy — for example, as Warren Buffett likes to say, if he paid as much as his secretary pays, 15 percent — if he paid a 15 percent tax rate; if corporations paid — if we reverse the tax bill, but raised our corporate tax rate to 28 percent, which is not even as high as it was before, if we do those two things and also close some of those loopholes, that’s $2 trillion right there.”
Watch the video below:
“The Daily Show” host @Trevornoah asked Socialist congressional candidate Alexandria Ocasio-Cortez (@Ocasio2018) how she plans to pay for her agenda.
It really is hard to watch. pic.twitter.com/OGiPAArlce
— The Daily Caller (@DailyCaller) July 27, 2018
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