Dell CEO Joins Davos Debate on 70% Tax Rate: ‘Not Supportive’

  • New York Congresswoman Ocasio-Cortez has floated the idea
  • Ken Moelis says proposal would be ‘disastrous’ for the economy
Moelis CEO Sees a Potential 70% U.S. Tax Rate as 'Disastrous'
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Billionaire Michael Dell, chief executive officer of the eponymous technology giant, rejected a suggestion by U.S. Representative Alexandria Ocasio-Cortez of a 70-percent marginal tax rate on the wealthiest Americans.