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Senior Democratic lawmakers are drafting legislation to have the Internal Revenue Service send recurring monthly payments to tens of millions of American families. Under one draft of the plan being discussed, the IRS would be tasked with depositing checks worth $300 every month per child younger than 6, as well as $250 every month per child aged 6 to 17. That would amount to $3,600 over the course of the year for young children, as well as $3,000 a year for older children, the officials said.
Shark Tankjudge Kevin O'Leary (better known as "Mr. Wonderful" to fans of the show) released a video on Twitter on Thursday, calling out Congresswoman Alexandria Ocasio-Cortez for selling a pricey sweatshirt on her campaign website that bears the message "Tax the Rich." In the clip, O'Leary argues that the presumably marked-up merchandise is proof that "inside of every socialist, there's a capitalist screaming to get out."
Ocasio-Cortez has sold the "Tax the Rich" sweatshirt on her campaign site since December. Currently, it's only available in a small size, and it costs $58 plus shipping. The website indicates that the sweatshirt is made in the United States, is "Union-printed" and is designed by Jordan Rosenberg, who was once a design leader for the New York Rangers. When the New York representative first announced the sweatshirt and its cost, she faced criticism—mainly from conservatives who felt it was hypocritical to charge nearly $60 for a sweatshirt while calling for taxes on the rich. (The same message is also available on a t-shirt that's priced at $27, plus shipping.)
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This proves it. Inside of every socialist there is a capitalist screaming to get out! @AOC #Fashionista pic.twitter.com/Tv3csr0jDu
— Kevin O'Leary aka Mr. Wonderful (@kevinolearytv) January 28, 2021
In his minute-long video, O'Leary shows off his "Tax the Rich" sweatshirt, says that he's received a number of compliments about it from people on the beach, and notes that he paid $67 for the shirt, including shipping.
Mr. Wonderful then goes on to speculate about how much money he thinks it costs to make the sweatshirts, and how much of a profit Ocasio-Cortez is earning from sales. "I'm gonna guess she lands this basically for—I don't know—six bucks? It's fleece-wear, and five bucks for shipping. That's 85 percent gross margin. That's spectacular," he says.
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After theorizing that the congresswoman is secretly a capitalist despite her being a self-described democratic socialist, O'Leary then offers to work with Ocasio-Cortez and make a substantial profit. "AOC, call me. We could blow this thing up together. We could make a fortune. I only want 7 percent royalty—that's being reasonable. Call me," he says before the video ends.
While it's not clear how much it actually costs Ocasio-Cortez's camp to produce the sweatshirts, some people have indicated that using unions to make them in the United States is likely more expensive than what it costs to make other sorts of fleece-wear. In December, writer Stephen Punwasi tweeted that the price sounds fair, because, "That's what it costs to pay everyone a decent wage along the way." He also discussed the ways that pricing in the U.S. works when labor is outsourced, estimating that a sweatshirt made in a Vietnamese factory with fair wages could end up retailing for $35, while a sweatshirt made in a sweatshop could cost consumers $12.
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Representative Alexandria Ocasio-Cortez accused Senator Ted Cruz and other Republican lawmakers of being eager to "move on" from the Capitol riot without discussing accountability. Your browser does not support this video The progressive Democrat has repeatedly singled out Cruz and blasted Republicans who joined with him in objecting, saying they should no longer serve in Congress. "These are the tactics of abusers. Or rather, these are the tactics that abusers use," Ocasio-Cortez said during the video. "What they're asking for when they say, 'Can we just move on?' ...
Everyone: @AOC is selling a "tax the rich" sweatshirt for $58! That's way too expensive.
Me, a former mass market apparel designer: Made in America. Union printed. Sounds about right. That's what it costs to pay everyone a decent wage along the way. #TaxTheRich pic.twitter.com/afPZ6quQmZ
— Stephen Punwasi (@StephenPunwasi) December 3, 2020
Make it in a foreign sweatshop, at MOQ 100,000, with factories cramped so tight they sometimes burn down and take the whole workforce with it?
You can sell it at a local mega grocery store for $12.
— Stephen Punwasi (@StephenPunwasi) December 3, 2020
Ocasio-Cortez quote-tweeted Punwasi when responding to critics in December. "Republicans are freaking out bc we don't use slave-wage labor for merch that funds grassroots organizing," she wrote.
She also noted that volunteers get free campaign swag.
Republicans are freaking out bc we don’t use slave-wage labor for merch that funds grassroots organizing.
But what’s the difference between Trump’s merch and ours?
Ours is made in the US. ????????
(& for GOP who joke that we shld give ???? for free, we actually do - just volunteer ????) https://t.co/35DnbFYQyC
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— Alexandria Ocasio-Cortez (@AOC) December 3, 2020
Newsweek reached out to O'Leary for comment, but did not hear back in time for publication. Ocasio-Cortez's campaign declined to comment.
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Alexandria Ocasio-Cortez Blasts Nancy Mace After Fundraising Plea Tied to Capitol Riot Spat .
The two congresswomen have been publicly disputing their experiences during the January 6 Capitol insurrection."Pretty horrible," the New York congresswoman tweeted Saturday, while sharing screenshots—previously posted by CNN reporter Daniel Dale—of Mace's fundraising plea that disputes Ocasio-Cortez's account of the attack.