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

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

Steve Williams · Tuesday, January 29th 2019 at 5:12PM · 492 views
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...

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Steve Williams Coatesville, PA

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