ocasio-cortez wanted a marginal tax as high as 70% on income above $10 million to pay for the green new deal. tax experts said in "the washington post", that this tax would bring in more money of $720 billion every ten years. she used the modern monetary theory as a reason for higher deficits to pay her agenda. she said that the green new deal needs a large amount of money like president franklin d. roosevelt's original new deal during the great depression.