Things That Matter

This Is The Part Of AOC’s Interview With Stephen Colbert You Should Be Talking About

Alexandria Ocasio-Cortez explained a tax plan so many people are lying about.

Alexandria Ocasio-Cortez was a guest on “The Late Show with Stephen Colbert” on Martin Luther King, Jr. Day to discuss so much about her first month in Congress. While the Congresswoman from New York talked policy and the need for unity, everyone is focusing on one question. At the beginning of the above video, Stephen Colbert asked how much she cared about Democrats telling her and other freshmen Congresspeople to wait their turn when it comes to fighting for certain issued. She replied, “zero.”

Ocasio-Cortez took to social media to call out what she sees as misleading headlines from several media sites.

Here’s the exchange:

Colbert: “On a scale of zero to some, how many f-ks do you give?”

Ocasio-Cortez: “I think it’s, um, zero.”

Ocasio-Cortez tweeted that the coverage of her interview on the show is indicative of the double standard for women and men in politics.

The further you go into the interview, Ocasio-Cortez and Colbert discussed two questions that have been on the minds of millions of Americans. First, the need for public unity among the Democratic Party. Second, her proposed 70 percent marginal tax on the wealthiest of American society to debunk myths surrounding her proposal.

Ocasio-Cortez is not concerned with being seen as divisive as an activist and advocate for her constituents.

@AOC / Twitter

“It’s how we chose to interpret events and things like activism and advocacy. If you think activism is inherently divisive, I mean, today is Martin Luther King Day, and people called Martin Luther King divisive in his time,” Ocasio-Cortez told Colbert. “We forget that he was widely unpopular when he was advocating for the Civil Rights Act. I think that what we really need to realize is that social movements are the moral compass and should be the moral compass of our politics.”

Colbert then asked her to explain the 70 percent marginal tax that has been confusing and angering people.

“I think this is something that we often see too with Fox News. It’s like, ‘They want to take all your money.’ When we talk about a 70 percent marginal tax rate, it’s not on all of your income,” Ocasio-Cortez explains. “It’s on your 10 millionth and one dollar. So, after you make $10 million in one year, your dollars after that start to get progressively taxed at a much higher rate.”

According to PolitiFact, during the Eisenhower presidency, between 1953 and 1961, the top marginal tax rate was 91 percent. It is also important to note that the marginal tax rate of the past was aimed at people making far less money than those who will be impacted by Ocasio-Cortez. Basically, if you aren’t making $10 million a year, you won’t see a 70 percent tax on your income under Ocasio-Cortez’s proposed tax plan.

PolitiFact further explains that the proposed tax plan would add $72 billion a year in tax revenue to the U.S. government.

She further broke down the need to increase the tax on the wealthy to benefit the U.S.

FOX5NY / YouTube

Ocascio-Cortez explains that the tax proposal, which won’t impact all the income made by the wealthy, has nothing to do with attacking the rich but making a statement about the kind of society we, as Americans, want to live in. She tells Colbert that we have to answer whether or not we want to live in a society when billionaires live in excess while others work 80-hour weeks without enough money to feed their children.

This tax proposal, as Ocasio-Cortez explains, is nothing new to American society and politics.

“This is not a new idea,” Ocasio-Cortez explains to Colbert. “In fact, people are yelling, ‘She’s a socialist. She wants 70 percent marginal tax rates.’ Under a Republican administration, Dwight Eisenhower, we had 90 percent marginal tax rates.”


READ: Alexandria Ocasio-Cortez Is Unapologetically Bringing Puerto Rico To The Halls Of Congress

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At Least 17 Dead And Hundreds Injured Following Massive Protests Across Colombia

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At Least 17 Dead And Hundreds Injured Following Massive Protests Across Colombia

A massive protest movement that swept across Colombia seems to have paid off – at least in the short term – as President Ivan Duque says that he will withdrawal the controversial tax plan that sent angry protesters into the streets. However, the protests claimed at least 17 victims who died during the unrest and hundreds more were injured.

Now that the president has withdrawn the controverial bill, many are wondering what’s next and will they have to take to the streets once again.

Massive protests claimed the lives of at least 17 people and hundreds more were injured across Colombia.

Unions and other groups kicked off marches on Wednesday to demand the government of President Ivan Duque withdraw a controversial tax plan that they say unfairly targets the most vulnerable Colombians.

Isolated vandalism, clashes between police and protesters and road blockades occurred in several cities on Saturday, and riot police were deployed in the capital.

Rights organization Human Rights Watch said it had received reports of possible police abuse in Cali, and local human rights groups alleged up to 17 deaths occurred.

After a week of protests, the government has shelved the controversial plan.

Faced with the unrest, the government of President Ivan Duque on Sunday ordered the proposal be withdrawn from Congress where it was being debated. In a televised statement, he said his government would work to produce new proposals and seek consensus with other parties and organizations.

President Duque, in his statement, acknowledged “it is a moment for the protection of the most vulnerable, an invitation to build and not to hate and destroy”.

“It is a moment for all of us to work together without paltriness,” he added. “A path of consensus, of clear perceptions. And it gives us the opportunity to say clearly that there will be no increase in VAT for goods and services.”

The tax reform had been heavily criticized for punishing the middle classes at a time of economic crisis brought on by the coronavirus pandemic. The government introduced the bill on April 15 as a means of financing public spending. The aim was to generate $6.3 billion between 2022 and 2031 to reignite the fourth largest economy in Latin America.

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Federal Investigators Executed A Search Warrant On Rudy Giuliani’s N.Y.C. Home And This Is Just The Beginning

Things That Matter

Federal Investigators Executed A Search Warrant On Rudy Giuliani’s N.Y.C. Home And This Is Just The Beginning

Months of investigations on Donald Trump’s personal attorney Rudy Giuliani officially came to a head Wednesday morning.

The former New York City mayor’s dealings with Ukraine officials in 2019 have been under scrutiny for months by authorities who have been investigating allegations Giuliani lobbied for powerful Ukrainian interests. The investigations have also looked into claims that Giuliani also solicited the Ukrainian government for damaging information on President Joe Biden when he was running against Trump in the 2020 election.

There is also the matter of allegations that Giuliani attempted to find information on Biden’s son Hunter, who was part of the board of an energy company in Ukraine.

Federal investigators executed a search warrant on Rudy Giuliani’s Manhattan home on Wednesday morning.

The search was part of a criminal investigation into Giuliani‘s activities with Ukraine. According to The New York Times, “Prosecutors obtained the search warrants as part of an investigation into whether Mr. Giuliani broke lobbying laws as President Trump’s personal lawyer.”

Federal agents seized cellphones and other electronic devices as part of the investigation. The search warrant took place around 6 a.m. at Mr. Giuliani’s apartment on Madison Avenue and his Park Avenue office in Manhattan.

The execution of a search warrant against the former president’s lawyer is particularly shocking.

The warrant comes as a major development in the investigation that has been ongoing for some time and examines the former- mayor’s conduct during Mr. Trump’s first impeachment trial.

“It was also a remarkable moment in Mr. Giuliani’s long arc as a public figure,” noted New York Times. “As mayor, Mr. Giuliani won national recognition for steering New York through the dark days after the Sept. 11 attacks, and earlier in his career, he led the same U.S. attorney’s office in Manhattan that is investigating him now, earning a reputation as a hard-charging prosecutor who took on organized crime and corrupt politicians.”

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