WaEx: Freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., who regularly lambastes Republicans over tax cuts and helped scuttle a plan by Amazon to locate in New York City because she opposed tax breaks the company might receive, costing the city an estimated 25,000 jobs, sought a tax break for herself in 2012 so she could launch her own company.
Ocasio-Cortez, who graduated from Boston University in 2011, today calls herself a “democratic socialist.” But in 2012, she was a businesswoman seeking tax benefits for her startup, Brook Avenue Press, which published books and curricula for children in the Bronx.
“Plenty of entrepreneurs have started their businesses on a shoestring and any break they receive means more flexibility for further growth,” Ocasio-Cortez said in 2012 in a news release.
“A tax break could mean part-time work for someone else or keeping a business’ doors open long enough to turn a profit. Young entrepreneurs are playing a special role in developing promising, creative enterprises for our future, and a small break can open up their resources for hiring, creating a new product, or reinvesting in the local economy,” Ocasio-Cortez added.
Ocasio-Cortez was one of several Bronx-based entrepreneurs and start-up advocates quoted in the release, put out by Bronx Borough President Rubén Díaz Jr. and Sen. Kirsten Gillibrand, D-N.Y., in support for the proposed Small Business Start-up Support Act. The bill would have increased deductions for start-up costs from $5,000 to $10,000.
Tax experts were surprised to hear Ocasio-Cortez supported tax breaks to fuel economic growth while considering herself a democratic socialist.
Steve Horwitz, a distinguished professor of free enterprise at Ball State University and senior affiliated scholar at the Mercatus Center, said Ocasio-Cortez’s instincts were right at the time to support tax breaks but wrong to only want them for a special class of small businesses. read more
Well knock me down and steal my teeth – ya’ telling me she is a hypocrite. Whoda’ ever thunkit?
Typical butthead socialist, rules for thee but not for me.
when asked about this, she said: ‘that’s not fair- you looked!’
She already stole a million bucks, she’s a world-class ignoramus, and now exposes as a world class hypocrite of bernie sanders proportions.
Perfect democrat.
What ever school she sat in appears to be a degree factory, where you never start the qwest for knowledge.
Did she also sell books to Baltimorons?
Whatever did happen to all those soft shells?
I’m going to primary this hypocritical airhead. Queen Nancy said I should.
Somebody needs to rain on her idiot parade.
I’m sure AOC has blown lots of guys in N.Y. Not just the ones from the amazon.
Burr, her teeth are too big to take it all in.