OPINION: Alexandria Ocasio-Cortez's 70 Percent Tax Rate Won't Work

Oh how far the Democratic party has fallen. In recent days we've seen the new darling of the Democrats Alexandria Ocasio-Cortez crusading for a 70% income tax rate. Now, according to a Washington Times report on Thursday, several prominent Democratic presidential wannabes, including Sen. Elizabeth Warren of Massachusetts, arguing for tax rates of more than 50%. Julian Castro, an Obama cabinet member who is testing the waters, says approvingly that "there was a time when the top marginal tax rate was 90%." It's almost like a race among the presidential...