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Ray Dalio warns Ocasio-Cortez’s 70% tax proposal could have ‘huge’ impact on economy and the market

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Ray Dalio talking about a 70% tax rate: 'We’re in agreement on the problem that’s behind that suggestion. We have to make capitalism work for the majority of Americans. I don’t know that we’re in agreement on the mechanics'

 

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There needs to be brakes on human greed. You don’t give a child as much candy as they want.

Y tax at such a high rate? Limit the pay differential a company can have between top earning employee and lowest earning employee! No need to redistribute wealth...

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