Billionaires attending a party at an art museum in West Palm Beach criticized proposals by Democrats to increase the federal taxes of the wealthiest Americans. For example, Senator Bernie Sanders has proposed a 77 percent tax rate on the value of estates that exceeds $1 billion, and Representative Alexandria Ocasio-Cortez has proposed a top tax rate of 70 percent on income of $10 million or more. “They’re going to eat themselves alive,” Commerce Secretary Wilbur […]
source https://therealdeal.com/miami/2019/02/09/billionaires-at-art-museum-party-frame-democrats-tax-plans-as-losing-propositions/#new_tab
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