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Posted: 2019-01-15T21:44:06Z | Updated: 2019-01-15T21:44:06Z Alexandria Ocasio-Cortez Schools Former GOP Governor On Marginal Tax Analogy | HuffPost

Alexandria Ocasio-Cortez Schools Former GOP Governor On Marginal Tax Analogy

Former Wisconsin Gov. Scott Walker falsely claimed a 70 percent marginal tax rate would take $7 of every $10 earned.

You’d think former Wisconsin Gov. Scott Walker would understand tax policy.

Of course, you’d also think he’d know better than try to beat freshman Rep. Alexandria Ocasio-Cortez  (D-N.Y.) on Twitter.

Walker failed on both counts Tuesday when he tweeted a smarmy attempt to criticize the congresswoman’s proposal for a 70 percent marginal tax rate on annual earnings above $10 million to fund a Green New Deal and fight climate change.

Under her plan, the majority of Americans, who don’t earn that much, would pay a much lower share of their income , and the average tax rate for working Americans could go down. 

But not the way Walker explained it.

Luckily, Ocasio-Cortez sprang into action, schooling the recently ousted governor that his analogy was completely wrong and proving that her Twitter game remains supreme.

Twitter users were happy to pile on the governor, who, as one of his last duties in office, signed legislation  that stripped power from his Democratic successor and gave it to the Republican-controlled state legislature.

One person did a different kind of thought experiment that alluded to allegations that before he became president, Donald Trump set up a fake corporation to disguise millions of dollars in gifts from his parents  to avoid taxes.

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Before You Go

CEOs Who Pay No Corporate Taxes And Are Calling For Budget Cuts
Brian Moynihan, CEO of Bank of America -- Negative Tax Rate(01 of31)
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James McNerney, CEO of Boeing -- Negative Tax Rate(02 of31)
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(credit:AP)
Mark Bertolini, CEO of Aetna -- Negative Tax Rate(03 of31)
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Scott Donnelly, CEO of Textron -- Negative Tax Rate(04 of31)
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Martin Flanagan, CEO of Invesco -- Negative Tax Rate(05 of31)
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(credit:Bloomberg TV)
Daniel Fulton, CEO of Weyerhaeuser -- Negative Tax Rate(06 of31)
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John Lundgren, CEO of Stanley Black & Decker(07 of31)
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Kirk Hachigian, CEO of Cooper Industries -- Negative Tax Rate(08 of31)
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(credit:UC Berkeley)
Thomas Quinlan, CEO of R. R. Donnelly & Sons -- Negative Tax Rate (09 of31)
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(credit:AP)
Walter Rakowich, CEO of Prologis -- Negative Tax Rate(10 of31)
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(credit:Bloomberg TV)
Randall Stephenson, CEO of AT&T -- Negative Tax Rate (11 of31)
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(credit:Flickr:Fortune Live Media)
Wendell Weeks, CEO of Corning -- Negative Tax Rate (12 of31)
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Frits van Paasschen, CEO of Starwood Hotels & Resorts -- Negative Tax Rate(13 of31)
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Steven Roth, Chairman of Vornado -- Tax-Free REIT(14 of31)
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(credit:AP)
Gregory Brown, CEO of Motorola -- 0 Percent(15 of31)
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(credit:Bloomberg TV)
Brian Duperreault, CEO of Marsh & McLennan -- 0 percent (16 of31)
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Thomas Wilson, CEO of Allstate -- 1 percent(17 of31)
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John McGlade, CEO of Air Products and Chemicals -- 1 Percent (18 of31)
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James Gorman, CEO of Morgan Stanley -- 1 Percent(19 of31)
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(credit:AP)
Andrew Liveris, CEO of Dow Chemical -- 2 Percent(20 of31)
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(credit:Flickr:Fortune Live Media)
Lowell McAdam, CEO of Verizon -- 2 Percent(21 of31)
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Glenn Britt, CEO of Time Warner Cable -- 3 Percent(22 of31)
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Paul Jacobs, CEO of Qualcomm -- 3 Percent(23 of31)
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(credit:AP)
George Paz, CEO of Express Scripts -- 3 Percent (24 of31)
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Jeffrey Immelt, CEO of General Electric -- 5 Percent(25 of31)
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Alexander Cutler, CEO of Eaton -- 5 Percent(26 of31)
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James Tisch, CEO of Loews Corporation -- 6 Percent(27 of31)
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Lloyd Blankfein, CEO of Goldman Sachs -- 7 Percent(28 of31)
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David Cote, CEO of Honeywell -- 7 Percent(29 of31)
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Duncan Niederauer, CEO of NYSE Euronext -- 10 Percent(30 of31)
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Douglas Oberhelman, CEO of Caterpillar -- 11 Percent(31 of31)
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