Ocasio-Cortez: Pay for Socialism with New Taxes and Military Cuts

Democratic-Socialist star Alexandria Ocasio-Cortez showered the nation with utopian ideas on The Daily Show with Trevor Noah Thursday, but she stumbled when the ost asked, “how will you pay for all that?” 

“Uhh, that’s an excellent, excellent question,” she responded. 

Ocasio-Cortez went on to explain how she wants to cut military spending, reverse the Trump tax cuts, and make rich people “pay their fair share.”

Daily Caller reports:

Trevor Noah, host of Comedy Central’s “The Daily Show,” asked Democratic socialist congressional candidate Alexandria Ocasio-Cortez how she plans to pay for her agenda Thursday and she said tax the rich and slash military spending.Ocasio-Cortez began by bragging about her meeting with a Nobel Prize-winning economist and claimed her ideas could net the United States trillions of dollars. 

“This is an excellent, excellent question,” she replied. “I sat down with a Nobel Prize economist last week — I can’t believe I can say that, it’s really weird — But one of the things that we saw is, if people pay their fair share, if corporations and the ultra wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary paid, 15 percent tax rate, if corporations paid — if we reverse the tax bill, raised our corporate tax rate to 28 percent … if we do those two things and also close some of those loopholes, that’s $2 trillion right there.”

She also said it would take $3 trillion to $4 trillion and a carbon tax to create a “renewable energy economy” and claimed the Trump tax cut bill prevents the wealthiest Americans from paying “their fair share.”

Watch the video below: