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Post Info TOPIC: Ocasio tardez 1040 form. "how much did you make,,, send it in"


FAR BEYOND DRIVEN

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Ocasio tardez 1040 form. "how much did you make,,, send it in"


Ocasio-Cortez Tax Plan Creates 82.7% Top Income Tax Rate for New Yorkers

 
 

Posted by Alex Hendrie on Friday, January 4th, 2019, 11:20 AM PERMALINK

In an upcoming 60 Minutes interview, Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) will call for federal income tax rates of up to 70 percent as part of a proposal to create vast new government spending programs.

The current top federal income tax rate is 37 percent, so the Ocasio-Cortez plan will nearly double the tax rate for the top bracket.

New York State has a top income tax rate of 8.82 percent while New York City has a top rate of 3.876 percent. So under this proposal, her constituents would pay a top combined income tax rate of 82.7 percent:

Federal income tax rate:   70.0%
NY state income tax rate: 8.82%
NYC income tax rate:       3.876%
TOTAL:                           82.696%

New Yorkers would not be the only ones suffering under the Ocasio-Cortez plan. California taxpayers would pay a top rate of 83.3 percent (70 percent plus the California rate of 13.30 percent).

In addition to this high income tax rate, taxpayers would remain impacted by other taxes including payroll taxes, taxes on capital gains income and dividends, and the death tax.

Further, while Ocasio-Cortez has not released details of any other tax hikes to pay for her plan, this would likely not be the only income tax increase if she had her way. For instance, Senator Bernie Sanders (I-Vt.) proposed a $2 trillion 2.2 percent payroll tax on all families and a $10 trillion 6.2 percent payroll tax on all businesses as part of his socialized healthcare plan.

Congresswoman Rosa DeLauro (D-Conn.) and Congresswoman Jan Schakowsky (D-Ill.) have proposed numerous tax hikes including a new, 5 percent surtax on those making $500,000 per year and an increase in the Obamacare payroll tax from 0.9 percent to 4 percent.

Regardless of the specific proposal, it is clear that Democrats want higher taxes on the American people as they made clear when they changed the House rules to make it easier to raise taxes.

Just last night, Democrats rejected a proposal to make permanent the $2,000 child tax credit (up from 1,000) and the $24,000 standard deduction for families (up from $12,000).

Based on their record this will not be the first of many cases where Democrats oppose middle class tax relief and advocate for higher taxes on the American people.



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FAR BEYOND DRIVEN

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Ocasio tardez 1040 form.


Holy smoke...That's about 5% short of what the UK taxes people...

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FAR BEYOND DRIVEN

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That's terrible.

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RE: Ocasio tardez 1040 form. "how much did you make,,, send it in"


I smell a recall erection, err... election.



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I am sorry, Senator. I have no clear recollection of the events in question!


FAR BEYOND DRIVEN

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Ocasio tardez 1040 form.


Could be. Don't think many like her much. She is a curiosity for sure! Good entertainment. Where's my popcorn.

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CERTIFIED POST WHORE

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RE: Ocasio tardez 1040 form. "how much did you make,,, send it in"


She got a purdy mouf...



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ABOVE AND BEYOND

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aoc is a classic example of a USEFUL IDIOT!  she is so ignorant!



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Is it just me, or does Cortez really need to remember to wear her bra?

Had to take a screen shot it was so obvious! LOL



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A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



FAR BEYOND DRIVEN

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Ocasio tardez 1040 form.


What a hussy!

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CERTIFIED POST WHORE

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RE: Ocasio tardez 1040 form. "how much did you make,,, send it in"


A sailor might say she is a real treasure, having a sunken chest and all.



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A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



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SELLC wrote:

A sailor might say she is a real treasure, having a sunken chest and all.


 It might be a sunken chest but I don't think there is any treasure there!  no



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I watched her on 60 minutes.  When she was asked a hard question, she didn't have an answer except for some hope and smoke. 

Good way to sum up the Democrats.  Hope and smoke!



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