President Trump on Thursday used the situation in Venezuela to criticize the idea of Democratic Representative Alexandria Ocasio-Cortez to introduce a marginal tax of 70% for the rich.
Asked about a question about the nation in crisis, Trump replied: sad situation. It was the richest state of all this region. It is a large and beautiful region – and by far the richest – and it is one of the poorest regions in the world. "
" That's what socialism gives you when they want to raise your taxes to 70%, "continued Trump." I saw our opponents talking to 70% of their opponents ahead. they can not do it at 70%, it has to be probably double that number, but perhaps more importantly, you have to study and look at what happened in Venezuela. "
18 PHOTOS [19659006] Sorry Groceries Facing Severe Food Crisis in Venezuela
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] A woman selects goat cheese from partially empty refrigerators in a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
Workers are sitting on empty shelves in the fruit and vegetable sales area of a supermarket in Caracas (Venezuela), January 10, 2018. REUTERS / Marco Bello
Empty refrigerators are seen in the fishing area from a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
A woman standing in front of partially empty refrigerators in a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
Police officers stand guard at a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
A woman selects lemons on partly empty shelves Fruit and vegetable area in a supermarket in Caracas (Venezuela), January 10, 2018. REUTERS / Marco Bello
A man walks past empty shelves in the bakery area in a supermarket in Caracas, Venezuela, on January 10, 2018. REUTERS / Marco Bello [19659015] A woman walks past empty shelves in the fruit and vegetable area of a supermarket in Caracas, Venezuela on January 10, 2018. REUTERS / Marco Bello
Stacked caddies are visible next to empty refrigerators in the grocery store of a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
Police officers control the crowd as people line up to buy sugar , in front of a supermarket in Caracas, Venezuela, January 10, 2018. REUTERS / Marco Bello
Passersby spend empty shelves in a supermarket in Caracas, Venezuela, January 9, 2018. REUTERS / Marco Bello
A woman looks at a partially empty refrigerator in a supermarket in Caracas, Venezuela, January 9, 2018. REUTERS / Marco Bello
A man looks at an empty igerator ref at a supermarket in Caracas, Venezuela, January 9, 2018. REUTERS / Marco Bello
A man walks past an empty refrigerator in a supermarket in Caracas, Venezuela, on January 9, 2018. REUTERS / Marco Bello
We see empty refrigerators at the butcher's shop in a supermarket in Carac as (Venezuela) January 9, 2018. REUTERS / Marco Bello
An empty refrigerator is seen in a supermarket in Caracas (Venezuela) on January 9, 2018. REUTERS / Marco Bello
A woman walks past empty shelves in a supermarket in Caracas, Venezuela, January 9, 2018. REUTERS / Marco Bello
A woman walks past an empty refrigerator in a supermarket in Caracas, Venezuela, on January 9, 2018. REUTERS / Marco Bello
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Ocasio Cortez proposed a marginal tax plan in an interview with CBS's "60-minute" broadcast, which means the higher rate would not apply. than amounts exceeding a certain threshold.
tippy tops, on your 10 millionth dollar, sometimes tax rates can reach 60 or 70%, "Ocasio-Cortez said. "That does not mean that every $ 10 million is taxed at an extremely high rate, but that means that by increasing that scale, you should be contributing more."
In the Ocasio-Cortez plan, taxes would be reduced. used to tackle the problems of climate change and income inequality.
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