Topic: Progressive Tax

Representative Alexandria Ocasio-Cortez discussed a potential 70% marginal tax rate on income over $10 million to fund the Green New Deal during a 60 Minutes interview. The hosts debate the historical context of high tax rates in the 1950s and 1960s and the feasibility of her environmental goals.

White House advisor Stephanie Cutter's whiteboard presentation on the Affordable Care Act is dissected. The hosts argue that the projected premium scales—where families pay more as their income rises—function as a progressive tax rather than a cost-saving measure, and they mock the video's poor production quality.