Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Billionaires COWER At Alexandria Ocasio-Cortez's Tax Proposal
Posted
January 24, 2019
Views
144,976
Likes
2,945
Comments
1,593
Engagement
3.13%
January 24, 2019
144,976
2,945
1,593
3.13%
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15:47Now PlayingThe ultrarich in Davos are worried Rep. OcasioCortez will be taxing them… FAIRLY. Cenk Uygur and John Iadarola, hosts of The Young Turks, break it down. More TYT
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"The elite financiers attending the World Economic Forum are worried about the 70 percent tax rate on earnings above $10 million proposed by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y.
'It's scary,' Scott Minerd, global chief investment officer for $265 billion Guggenheim Partners, said in an interview.
'By the time we get to the presidential election, this is going to gain more momentum,' said Minerd, who added that he would probably be personally impacted by it. 'And I think the likelihood that a 70 percent tax rate, or something like that, becomes policy is actually very real.'"
Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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