EXCERPT:
HARLOW: “There are a few different proposals out there now from progressive liberal Democrats on how to tackle this. So let’s take two of them, OK. First, Alexandria Ocasio-Cortez, the congresswoman from Queens supports a 70 percent marginal tax rate on the rich. Your eyebrows go up when I say that. That’s on their you know, 10 millionth dollar and above. As you know, we saw a 90 percent marginal tax rate under a Republican, President Eisenhower."
SCHULTZ: "Yeah, yeah."
HARLOW: "What do you think of that?"
SCHULTZ: “Well, let’s go back to the idea that if I ran for president as an independent I’m going to steal Democratic votes away from President Trump. Let's go a different way. If the Democrats are proposing anything close to 70 percent level of income tax, how many core Democrats are going to be supportive of a move towards socialism? Not very many, President Trump will get reelected.”