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New York City Mayor Bill de Blasio announced his support for 70 percent tax rate early during the Democratic debate on MSNBC Wednesday night, contrasting his positions with former congressman Beto O’Rourke.
Moderator Jose Diaz-Balart asked de Blasio what he would do to "address income inequality" as president.
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In response, the mayor laid out a host of progressive policy proposals. "Well, we’ve been addressing income inequality in New York City," de Blasio said. "By raising wages, by raising benefits, by putting money back in the hands of working people, fifteen dollar minimum wage, paid sick days, pre-K for all, things that are making a huge difference in working people’s lives."
Bill de Blasio then took time to affirm his position that the Democratic party should be fully committed to a thoroughly progressive economic platform.
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"This is supposed to be the part of working people," de Blasio said. "Yes, we’re supposed to be for 70% tax rate on the wealthy, yes, we’re supposed to be for free college, free public college, for our young people. We are supposed to break up big corporations when they’re not serving our democracy. This Democratic...
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