‘2020 class warfare?’: Alexandria Ocasio-Cortez and the left face off against billionaires in a fight to tax the rich

Rep. Alexandria Ocasio-Cortez.Caitlin Ochs/Reuters

  • Rep. Alexandria Ocasio-Cortez and Sens. Elizabeth Warren and Bernie Sanders have all recently proposed hiking taxes on the wealthiest Americans.
  • The progressive tax proposals have incensed the right-wing and many of America’s billionaires, some of whom might run for president in 2020. 
  • While the right-wing says the left is fueling a class-war, progressives argue that without reform, American democracy will drift towards plutocracy. 
  • The heated conversation over taxation and inequality will likely keep economic populism at the center of the 2020 Democratic primary. 

Sen. Bernie Sanders’ 2016 presidential bid had one central theme: “standing up to the billionaire class.” President Donald Trump campaigned on “making America great again” for its “forgotten men and women.” 

Sanders lost his race and the billionaire real estate mogul-turned-president went on to champion significant tax cuts for the rich and corporations.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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