France’s Millionaire Tax Failed – So Will AOC’s Green New Deal

It seems like New York and Alexandria Ocasio-Cortez could learn a thing or two from Europe. The “millionaire tax” that both the state and its most controversial representative are proposing was first attempted in France back in 2012. Then, President Francois Hollande instilled a 75 percent “supertax” on all income exceeding $1.12 million. Two years later, the plan was ultimately canceled because it failed to bring in any serious revenue. Millionaires Don’t Part with