In the past I have always argued that both of the populist wings of the Democratic and Republican party have more in common with one another than either does with the mainstream neoliberals and neoconservatives of their own parties.
This position is supported by the fact that Ann Coulter, who many would put in the far right populist camp, agrees with freshmen Senator and self-described democratic socialist Alexandria Ocasio-Cortez on taxing the ultra-rich – something that neither mainstream Democrats or Republicans have ever seriously proposed.
Until recently the ideological strains espoused by both of these political actors were never taken that seriously by either of their parties. Since 2016 all of that has changed. We shouldn’t forget that Ann Coulter was one of the few Republican pundits who saw clearly that Trump would win during the run up to the 2016 election. I remember watching Bill Maher, MSNPC’s Joy-An Reid and the rest of the Real Time panel laugh hysterically at Ann when she originally claimed that Trump had the best chance at winning the Republican nomination.
Those same neoliberal democrats are not laughing anymore.
Democratic socialist Bernie Sanders was also not expected to do nearly as well as he did in 2016. Clinton Democrats and their allies in the mainstream media basically had to pull out every trick in the book to cheat him out of the nomination.
Earlier this year, Alexandria Ocasio-Cortez was thrust into the media limelight and was hailed by many as the fresh face of the Democratic party.
Last Friday morning, in a 60 minutes interview with Anderson Cooper, Ocasio-Cortez floated the idea that her Green New Deal could easily be funded by taxing annual earners of 10 million and above 70 percent.
Later that morning, corporate Republicans like Ben Shapiro scoffed at Ocasio-Cortez’s proposal. Shapiro, who is pretty much irrelevant at this point, described the tax proposal and the senator as “bat sh—t insane”. Later the national conservative author tweeted support for the idea.
Everyone who is a member of the working class, whether you are from the right or left, should agree with both Coulter and Ocasio-Cortez, and be in support of a tax like this. It’s common sense. The fact that those who make $500,000 and $20 million annually are taxed at the same rate is absurd. I would go even further to say that anyone who is making above 5 million annually should to be taxed at a substantially higher rate.
The top one-tenth of the 1% now owns as much wealth as the bottom 90%. With current policies, this kind of economic disparity will only continue to grow. It’s time we do something to turn the tide.
Written by: Mr. Anderson