· Updated January 16, 2025 12:30 AM · 5 min read read
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Coming soon to a Democratic Party presidential debate: the question, "Is it morally appropriate for anyone to be a billionaire?"
A version of the query was raised earlier this month by the author Ta-Nehisi Coates. He was interviewing a new Democratic congresswoman from New York, the self-described socialist Alexandria Ocasio-Cortez, about, among other things, her plan to raise top marginal income tax rates as high as 70%.
Coming soon to a Democratic Party presidential debate: the question, "Is it morally appropriate for anyone to be a billionaire?"
A version of the query was raised earlier this month by the author Ta-Nehisi Coates. He was interviewing a new Democratic congresswoman from New York, the self-described socialist Alexandria Ocasio-Cortez, about, among other things, her plan to raise top marginal income tax rates as high as 70%.…