Ainsley Earhardt of Fox and Friends claimed – erroneously – that Alexandria Ocasio-Cortez wants to tax 70 percent of your paycheck. That it happened during a segment about how Democrats don’t understand economics is an extra bit of irony.
Ainsley Earhardt falsely claims that Alexandria Ocasio-Cortez wants to “tax 70 percent of your paycheck” pic.twitter.com/Cko4ctP0BM
— Bobby Lewis (@revrrlewis) January 14, 2019
A false statement from Fox News pic.twitter.com/UhKLqV4pUB
— Robert J Walker (@ffalcon52) January 14, 2019
Ainsley needs to learn how taxes work 🙄
— VaDivaMom (@VaDivaMom1) January 14, 2019
“How do they have so much support?” Earhardt asked New York Post Columnist Michael Goodwin.
“I frankly think American young people today are not being educated properly in schools,” Goodwin said. “They don’t know the history of our country, they don’t know the history of other countries, they don’t understand economics.”
Yet this guy doesn’t know how a top tax rate works. No one gets taxes 70% on paychecks. It’s 70% on income ABOVE 10 million. Also, ignoring that the tax rate was such up until Reagan is also convenient. They should try rebutting AOC without straw men.
— An actual black Gambino. (@UrFriendlyGiant) January 14, 2019
Many found the ignorance shocking.
This moron said he knew economics but did not make a distinction between marginal rate and effective rate? Yes, for the super rich, the effective rate may approach 70% but s/he would still get much more than the next guy!
— WoDaYe (@djbcxbb) January 14, 2019
— JKPitts (@JKPitts) January 14, 2019
Claims young people don't understand the world.
Blatantly spreads false information either out of ignorance or petty fear mongering tactics.
— ☄️ Saturn Drop (@SaturnDrop) January 14, 2019
Ocasio-Cortez’s idea, of course, is not to impose a 70% tax on paychecks. Rather, she’s talking about higher taxes for income beyond a certain point.