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Thursday, 24 January 2019

Davos audience erupts in uneasy laughter at mention of AOC's proposal for a 70% tax on income over $10,000,000

At the World Economic Forum in Davos, Switzerland, Michael Dell was asked about Alexandra Ocasio-Cortez's wildly popular proposal to tax income over $10,000,000 at 70%, but before he could answer ("I’m not supportive...And I do not think it will help the growth of the US economy") the audience erupted into laughter, according to CNN. The moderator of the panel, MIT's Erik Brynjolfsson (previously) was more bullish: "There’s actually a lot of economics that it's not necessarily going to hurt growth and I think we have to examine it more closely." (Image: AOC)

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