Julian Castro: ‘I Support’ the Top 1 Percent Paying up to a 90 Percent Tax Rate to Fund Medicare for All

‘Oh, I can support folks at the top paying for fair share’

This story is cross-posted at our consumer site, Grabien News. Watch it there – without audiomarks.

EXCERPT:

CASTRO: "Oh, I can support folks at the top paying their fair share. As you know, George, there was a time in this country where the top marginal tax rate was over 90 percent, even during Reagan’s era in the 1980s, it was around 50 percent. So do I support, in order to have something like Medicare for all, that we ask folks that are in the top .05 percent or .5 percent or top 1 percent to pay more? And, also, that we get more serious about making sure the corporations pay their fair share, and that we’re smart about understanding how instead of folks having to pay sky-high premiums to companies that are seeking a profit to deliver health care that we can have a better system where people can get good health care and have peace of mind, even if that means that we rearrange where those dollars go? Yeah, I support that. And, you know what? During this campaign, if I run, I’m going to be very up front with the American people on how we would do that, because I think that they are owed that, but it is worth it. It is worth it in this country for us to do that."

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
Matthew Dowd: Why Pick Julian Castro to Manage HUD? He Doesn't Even Manage San Antonio
Fox News’ Martha McCallum Spars with Julian Castro: ‘Is There Anyone You Wouldn’t Let in the Country?’
Fox’s Baier Confronts Julian Castro on Hatch Act: Obama ‘Gave You a Pass,’ Shouldn’t Kellyanne Conway Get One?
Scarborough: There Aren’t Enough Taxes in the Top 1% or the Top 10% to Fund Medicare for All
Julian Castro: Northam Needs to Resign, Shouldn’t ‘Remain in a Position of Trust and Authority’