France Imposed A 75% Tax On The Highest Incomes: It Didn’t Work And Here’s Why

In a recent interview, Alexandria Ocasio-Cortez stated that the highest income brackets in the US should be taxed at a 70% tax rate. The argument is that this extra income could then get channeled to fund a variety of policies from the so-called Green New Deal to different types of aid for the poor. The problem is that these types of high tax rates have