Ocasio-Cortez Asked How She Would Pay For Socialist Policies, Gets Everything Wrong Ocasio-Cortez Asked How She Would Pay For Socialist Policies, Gets Everything Wrong – NTK Network

Ocasio-Cortez Asked How She Would Pay For Socialist Policies, Gets Everything Wrong

In an appearance on The Daily Show, Ocasio-Cortez was tripped up, somehow, by liberal comedian Trevor Noah.

By NTK Staff | 07.27.2018 @2:39pm

Alexandria Ocasio-Cortez made a cringeworthy appearance on Comedy Central’s “The Daily Show” on Thursday evening, throwing out a factless rant about how she would pay for all of her socialist policies.

The Democratic candidate first bragged that she met with a “Nobel Prize-winning economist.” If that economist told her any of what followed, he should lose his prize.

Ocasio-Cortez called for the rich and companies to pay their “fair share,” saying the United States should raise its corporate tax rate to 28 percent and force Warren Buffett to pay as much in taxes as his secretary – 15 percent. “That’s $2 trillion in ten years,” she added.

But Buffett actually paid somewhere around a 17 percent tax rate, according to his 2011 New York Times op-ed, while his staff pay around 21 percent. His tax rate went up about eight or nine percent in 2013. So Ocasio-Cortez’s proposal would actually cut Buffett’s taxes, not raise them.

She claimed that a clean energy program would cost between $3 trillion and $4 trillion, and her $2-trillion tax proposals would apparently go towards that effort. A carbon tax would make up the difference, the Democrat claimed. “That’s an additional amount of, um, a large amount of revenue that we can have,” she said.

Ocasio-Cortez finally claimed that the United States recently increased its military budget by $700 billion. Congress approved a $716-billion defense budget in June, meaning that in Ocasio-Cortez’s world, the U.S. defense budget was $16 billion last year.

“[The military] didn’t even ask for [the budget increase]!” she exclaimed. “They’re like, ‘We don’t want another fighter jet!'”

In fact, the $716 billion military budget is exactly what Defense Secretary Jim Mattis asked for during an appropriations requests earlier this year.

H/T Daily Caller

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