Article snippet: House Democrats are treading carefully when it comes to talk of a 70 percent marginal tax rate on income above $10 million, an idea floated by freshman Rep. MORE (D-N.Y.) in a recent “60 Minutes” interview. Many Democrats are supportive of the freshman phenom’s call for higher taxes on the rich, but even some progressives are stopping short of endorsing that high a marginal rate. Rep. MORE (D-Wash.), a co-chairwoman of the Congressional Progressive Caucus, said she thinks “the fact that people are not paying their fair share is a problem and the millionaires and billionaires are the ones where that has to rest.” Rep. Raúl Grijalva (D-Ariz.), a leader of the progressive caucus in the last Congress, said that while it’s important to make sure that “everybody’s carrying their load,” he didn’t know if 70 percent “would be the right number or not.” House Budget Committee Chairman MORE (D-Ky.) said he wasn’t sure about a specific top rate but said that Ocasio-Cortez is “not off-base.” Other Democratic lawmakers were more critical. “I thought it was comical,” said Rep. MORE (D-N.J.), a member of the tax-writing Ways and Means panel. “You can have reasonable taxation, and then you can send signals that we’re just going to go after people who have a few dollars,” he said. Rep. MORE (D-Calif.), who is first vice chairman of the Congressional Progressive Caucus, said he would take a different approach to raising revenue, such as repealing past tax cuts on high earners, taxi... Link to the full article to read more