House Minority Leader Kevin McCarthy criticized Rep. Alexandria Ocasio-Cortez after the self-proclaimed Democratic Socialist put on a dress with the words “Impose the Rich” at the celebrated Met Gala. McCarthy, R-California, told Fox & Friends that Ocasio-Cortez has become the leader of the Democratic Party as he works to raise corporate taxes to fund a $ 3.5 trillion spending proposal.
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KEVIN MCCARTHY: She is the leader of the Democratic Party. And think about it. You don’t become a Democrat. She calls herself a Social Democrat. You just put in $ 3.5 trillion. You really should bet almost $ 5 trillion because that’s what they want to spend. And when you look at what they do, they are transforming America. What is a tax is to take money out of the pockets of all Americans and redirect them to where you think is important. So now, if you earn $ 800,000, they will give you a tax incentive to buy a Tesla.
Do you know what they will do too? They will retire and give income to everyone, guaranteed 90% of Americans. But you know what? There is no requirement to work. It is not necessary for your child to obtain this tax credit to be even American because there are no social security requirements. They are taking it. And they will really hurt American companies because what they will do is give an incentive for American companies to move to other countries. The global minimum tax rate. It will be a disadvantage to be in America and sell this product in our country.
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