Elizabeth Warren puts more billionaires on blast, reportedly purchasing CNBC ad time to further push her wealth tax
CEO Joe Ricketts, and Silicon Valley investor Peter Thiel. The group chides Warren for her"vilification of billionaires" and warns"she would ruin what we have."
"So here's the deal. You built a great fortune? Good for you," Warren says at a rally shown in the ad."I guarantee, you built it, at least in part, using workers all of us helped pay to educate." The candidate's proposed wealth tax includes a 2% charge on families worth $50 million to $1 billion, and a 3% tax on households worth more than that. While common taxes are deducted from net income, Warren's proposed tax would take total assets into account. Cooperman praised the move
"I have a world of respect for his accomplishments and his values. I have to sit down and understand his platform," Cooperman said."If the Democratic Party was smart, they would support him."
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