New York City Bill de Blasio clarified where the Democratic Party stands on tax hikes, admitting his party is for a “70% tax rate on the wealthy” as well as free public college” during Wednesday night’s first round of 2020 Democratic debates. Why? “We are supposed to break up big corporations when they are not serving our democracy,” adding, “There is plenty of money in this country. It’s just in the wrong hands,” DeBlasio claimed. Translation: if you don’t give your money away to liberal causes, we’ll make you do it at gunpoint.
Here’s more from Breitbart…
Wednesday on MSNBC’s Democratic Candidates’ Debate, 2020 hopeful Mayor of New York City Bill de Blasio said the Democratic Party has to fix income inequality with a “70% tax rate on the wealthy” and free college for young people.
De Blasio said, “We have been addressing income inequality in New York City by raising wages by raising benefits and putting money back in the hands of the people with $15 minimum wage, paid sick days, pre-k for all. Things that are making a difference in people’s lives. What we are hearing in the first round is that battle for the heart and soul of our party. I want to make it clear. This is supposed to be the party of working people. Yes, we are supposed to be for 70% tax rate on the wealthy. Yes, we are supposed for free college, free public college for young people.We are supposed to break up big corporations when they are not serving our democracy.”