AOC Called GOP Tax Breaks for Companies a ‘Scam’ but Once Wanted the Same Kind for Her Own Business

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Democratic firebrand and self-described democratic socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.) was more than willing to attack the Republican tax cuts signed into law last year, but asked for the same kind of incentives for her own business back in 2012, the Washington Examiner reported.

According to the Examiner, Ocasio-Cortez — the social media-savvy Democrat freshman congresswoman — was seeking tax breaks for her publishing start-up Brook Avenue Press in 2012, the same kind of benefit she attacked Amazon for receiving and criticized Republicans for including in tax proposals.

In a release, the congresswoman said at the time:

“Plenty of entrepreneurs have started their businesses on a shoestring and any break they receive means more flexibility for further growth. 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.”

The quote was included in a news release sent out by Sen. Kirsten Gillibrand (D-N.Y.) as well as Bronx Borough President Rubén Díaz, Jr. to drum up backing for the proposed bill the Small Business Start-up Support Act.

The proposed legislation would have bumped tax deductions for start-up businesses from $5,000 to $10,000.

Watch AOC talk more about her business here:

Just seven years later, however, she was decrying the same tax incentives Amazon was offered by her hometown, as well as the Republican tax “scam” that included a provision on tax deductions that she backed in 2012 when her firm would have been aided by it.

Ocasio-Cortez has long been critical of the GOP tax overhaul. She published a tweet attacking House Republicans for “want[ing] to add *another* $2.4 trillion in tax cuts after already cutting $2 trillion in taxes on corporations & the very rich last December.”

Ball State University professor Steve Horowitz weighed in on Ocasio-Cortez’s 2012 viewpoint with the Examiner, agreeing with the freshman congresswoman on backing tax breaks but lambasting her hypocrisy for wanting to be selective on the businesses that received them:

“Why should anyone be exempt from taxation if part of our obligation to others is to pay taxes and provide for the sort of services that democratic socialists think that various levels of government should provide? This is the kind of thing Amazon was asking for in Long Island.”

While less critical of the deduction, the Cato Institute’s Chris Edwards called Ocasio-Cortez’s 2012 position surprising given that “it’s a very Republican proposal because it moves the way the GOP has long advocated, which is allowing more ‘expensing’ or immediate write-offs of business investment.”

Ocasio-Cortez was voted the “biggest villain” during the fallout of the Amazon deal in a poll, as IJR Red previously reported. The congresswoman’s office did not answer the Examiner’s request for comment.

What do you think?

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Melvin Ray Johns
Member

Not an AOC fan, but can understand the difference between giving some tax breaks to a new start-up company as compared to forgiving a huge corporation millions or even billions of dollars to the extent that they won’t pay any taxes. Basically I believe the large companies can afford to pay their share of taxes instead of increasing their profits even more, and for small companies it could be the difference in making it or shutting down.

Phyllis Softa
Member

Does anyone in the country oppose tax breaks for small companies? That would appear to be a bipartisan issue. 60 LARGE corporations on the list that will legally pay ZERO in federal taxes for 2018 thanks to the 2017 tax reform law. If I am paying taxes to pay toward military salaries & equipment, border security CIA & FBI, etc.. while the 60 corporations pay nothing. I don’t consider them AMERICAN companies. They are companies that do business in America.

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