Transcripts for MSNBC MSNBC Live With Ali Velshi 20191107 20

MSNBC MSNBC Live With Ali Velshi November 7, 2019 20:43:00

are doing extremely well, we're talking about 0.2% of american households. right? so 98 -- excuse me -- 99.8% of t taxpayers will not pay an additional dime. >> yep. >> but we think it's important that we move our country forward. that we make these important investments. and we're asking those who have the most to do more for everybody else in the country. the idea is to raise wages and close the income gap. do it by making these important investments so everybody can succeed. >> so where do you fall in the various other proposals that are out there? congresswoman alexandria ocasio-cortez has suggested a higher marginal tax rate on high earners. elizabeth warren has her proposals. bernie sanders has his proposals. where does this fit into that larger discussion? >> well, this would effectively be a higher marginal tax rate on

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