Ocasio-Cortez first mentioned the 70 percent rate in response to a question from CNN’s Anderson Cooper about how she proposes to pay for programs like a Green New Deal that could cost trillions of dollars. Then Warren released a video explaining that her “ultra-millionaire tax” could raise nearly $3 trillion over 10 years, money that she says could be used to pay for programs like universal child care, a Green New Deal and student-debt forgiveness.
