Wall Street heavyweights set the record straight on the proposed 70% super-rich tax they say is wildly misunderstood
|01/25/2019||Posted by BusinessMediaguide.Com under General World News||
- One of the hottest topics at the World Economic Forum in Davos, Switzerland has been Alexandria Ocasio-Cortez’s proposed 70% marginal tax rate on all income above $10 million.
- There have been many headlines out of Davos with business leaders calling the proposed tax disastrous, scary, and saying it will have a huge impact on the economy. We sat down with three financial heavyweights to find out what they think everyone is missing about this discussion.
- The general consensus was that while such a hefty tax would hurt the economy, it simply doesn’t effect enough people to be a read more >>>