Why a 70% Top Tax Rate Will Miss Its Mark




Knowledge at Wharton show

Summary: U.S. Representative Alexandria Ocasio-Cortez made news last year by suggesting that the top marginal tax rate be raised to 70%. But analysis by the Penn Wharton Budget Model and others is casting doubt on whether it would work.<br><hr><p style="color:grey;font-size:0.75em;"> Hosted on Acast. See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for more information.</p>