hammering new york congresswoman alexandria occasio-cortez for proposing a graduated income tax hike as high as 70%. but an overwhelming majority actually backs the idea. according to the poll 70% favor increasing taxes on incomes over $10 million. 24% are opposed. the poll also found 65% support higher taxes on incomes above $1 million. falling into negative territory when asked about incomes over $250,000 with 44% in support and 48% against. this as senator elizabeth warren is proposing what she calls an ultramillionaire tax on fortunes above $50 million. tweeting this weekend about the washington redskins owner s reported purchase of a $100 million yacht with its own imax theater.
get it. the president s best weapon may be democrats imploding on their own with some of their policies, the things they re pushing. remember day one of the congress, let s abolish the congress, let s impeach the president. but they re also talking about taxing you big time. many of the democratic presidential candidates for 2020. look at this tweet from elizabeth warren, it s time to fundamentally transform the tax code so it s not rigged for the rich. my plan taxes the wealth with a net health over $50 million, bucks the top 1. pete: pay their nai1% and pay y. this billionaire paid $100 million for a super yacht. i m sure he can pay my ultra millionaire s taction to help
wealthy, richest of americans only affect the tippy top. those with a net worth of over $50 million and calling it the ultra-millionaire tax. as margaret thatcher said the problem with socialism is running out of other people s money. venezuela used to be one of the richest countries in the world. what is your response to people creek in with the socialism here in america? well, that s exactly how it happened there. it was actually socioeconomic havoc on the people that were hard-working and making money. and so what happened is that their money went nowhere. the regime actually imposed price controls on business owners. they couldn t make a profit anymore. so, you know, a lot of the middle class and you were middle class, they started moving out of venezuela. so, yes, they ran out of