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Howard Schultz calls Alexandria Ocasio-Cortez 'a bit misinformed' when it comes to taxing the wealthy (482 hits)


Howard Schultz, the billionaire former Starbucks chief executive officer eyeing an independent presidential bid, on Monday called Rep. Alexandria Ocasio-Cortez "a bit misinformed" and pushed back on her idea of a top marginal tax rate of 70 percent.

Schultz credited Ocasio-Cortez, D-N.Y, who's been embraced by the progressive wing of the Democratic Party, for having put a focus on issues of inequality but called her tax proposal "punitive" during a discussion at the launch of a book tour in New York.

Schultz also knocked the views of a policy adviser to Ocasio-Cortez as "un-American." The adviser, Dan Riffle, has said that he considers every billionaire to be a "policy failure."

"It's so un-American to think that way," Schultz said when presented with a quote from Riffle.

https://www.chicagotribune.com/news/nation...
Posted By: Steve Williams
Tuesday, January 29th 2019 at 5:12PM
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