calls for a 2 percent tax on every dollar a household has above $50 million. Households with more than $1 billion will be taxed at 3 percent.
"My question is not why do Bernie and I support a wealth tax. It's why is it does everyone else on this stage think it is more important to protect billionaires than it is to invest in an entire generation of Americans," Warren asked during Tuesday's Democratic debate. She later took heat from two of her opponents, former Vice President Joe Biden and Minnesota Senator Amy Klobuchar, for her statement criticizing the other candidates onstage.
"I believe in a progressive income tax structure. I believe rich people should pay more—I have no problem with that. This wealth tax is baloney," Cooperman said on. He later added:"Education and faster economic growth is the answer. At the end of the day, capitalism is what distinguishes America."reported that Cooperman has a net worth of $3.2 billion. He received an MBA from Columbia University in 1967 and created the Omega Advisors hedge fund in 1991.
"You don't make the poor people rich by making rich people poor," he said Wednesday."The Democratic Party seems to be leaning towards the left on policies, which is very harmful for the economy. I don't like the shift to the left." Senator Elizabeth Warren speaks during the Democratic presidential debate at Ohio's Otterbein University on October 15.
At last some good news ! EBITDAtyranny
Billionaire Investor--enough said.
Stop trying to scare people
Well, that’s bad for the... rich, but then who likes the rich anyway? Face it, the market hasn’t done anything good for the world in a very long time. Let it drop.
And the world will end. Cats & dogs living together. Oh the humanity!! Psst...we’ve heard this bs before.
Is he shorting the market? If so, at least he means it. But if not, fill his mouth with poop shut.
Be afraid...lol
I don’t have a problem with that. It will rebound.
Que se venga a vivir en un barrio d Venezuela
Obviously a tRUMPASShatThe🤡 supporter. Or a russianBot ...
75%
'families in the top 0.1% are projected to owe 3.2% of their wealth in federal, state, and local taxes this year, while the bottom 99% are projected to owe 7.2%.' Let's pass the Ultra-Millionaire Tax. Warren2020 WinWithWarren
Sounds good. Its hilarious watching billionaires trying to scare us into protecting billionaires. They live in a bubble.
Stock market is not the economy
So. What. That’s because billionaires would be upset. That would make stocks way easier to purchase for most people. The economy would get better again and there would be a resurgence of the middle class. Especially with her plans for the future.
Billionaires scared they will actually have to pay their share huh?
Fake news!
Look, I was already going to vote for her, you don't need to keep selling her, okay?
like Trump they're trying to scare people. Heaven forbid they lose a million or two in their billion dollar lives.
A reasonable assessment.
Just think what it does If Bernie wins... lol They'll get over themselves and stop looting the treasury.
TaxTheRich and ignore their incitement of panic in these silly articles. They’re scared and they should be. We’re going to make them pay their fair share.
That will have almost no effect on ordinary people, significantly less than the trade wars.
Coz she’s gonna crack the whip on erring businessmen?
LMAO! Of *course* a billionaire investor would say that! No matter who becomes pres next year, Trump has set us on path to economic downturn.
pattersonme2 Isn’t that a Trump talking point?
I’m good with that because tax hikes are coming! It’s time corporations pay their fair share of federal taxes!
That’s a load of 💩 fear mongering bull 💩blah. 😐
Bull S
Good. Then we can afford to buy gas and stuff and not line the pockets of the ultra-ultra rich.
America will survive!
The people voting her have no stocks or desire to go gain wealth, so they don't care.
Sow those seeds of fear.
Too soon
Well that their own fault. 25% more is what they need to pay in taxes, like the rest of us AFTER they take all their deductions trying to get out of paying any.
Silly. If anyone is elected, I predict runs over 10 percent and corrections over 10 percent within 3 years of that person's election. Therefore, we shouldn't elect Anyone and devolve into anarchy.... 🙄😏
The entire US economy will sink with a socialist President
So virtually no effect on your average Jane or Joe
What fallacy could this be folks?
So called billionaire investor makes money playing the stock market. Such investors do not add any real value to the Nation's economy, that is he does not manufacture any tangible product.
Billionaire Terrorist
As long as it's steady after that drop no one really cares.
That's the motivation we needed. Thanks
The same billionaire currently seeing the highest return in their investments in history 🤔🤔🤔
Fear mongering propaganda.
The market is overdue for a correction and recession regardless. If Warren is the excuse so be it. As long as that fascist is out of the WH.
Fear of a Harvard professor over the current game show host president
That's a load of bull...that's an over the top reaction. Imagine how the rest of 90% of the people are going to feel. Absolutely good about it. I'm sure.
Good, we have to many multi billionaires and millionaire's. They hoard the money i lnstead of spend it on those in need.
Billionaire investors want Trump to stay in the WH so they can continue to pay less in taxes than those in the middle class and below.
I’m sure he said market would go up by 25% when he got his Trump tax cut too...that sure didn’t pan out
It may need to?
Too funny! This billionaire investor is quite the comedian 🤣🤣🤣😂😂😂🤣🤣🤣
Well looks like we will have to take a financial hit, I’m fine as long as it is no longer realDonaldTrump
billionaire investor says.... of course he'll say that running scared of ewarren
Lol. Afraid of her, huh?
So be it. For less than the cost of the recent GOP tax cut for the (super) wealthy we could’ve wiped out all (ALL!) student loan debt in America. Think of what *that * could’ve done for our society as a whole - not just financially either. The non-wealthy matter. That’s America.
Market going to fall regardless. Deficit up 68% under Trump. Jobs being lost every day. Brick and mortars going under. VOTE TRUMP OUT. He’s poison
You must be doing something right ewarren if you’re scaring all the billionaires!
Along with the balance of middle Americans retirement.
Newsweek has planted this piece of news several times since last week... who is the billionaire? Newsweek not just testing readers. Must be called out!!
Americans lose 25% income every time someone turns a billionaire.
All you lefties that think this is a good idea, see all the socialist countries that had a wealth tax and got rid of it. And if you don’t think it will affect you because your not rich, you are sadly mistaken...0
And we feel so sorry for the ELITE who will only make 50 to 60 million. I feel sooooooo bad for them.👏👏👏
Good
That is such nonsense. A different type of fear mongering. The billionaires are afraid they may have pay a little more. Most of them don’t even pay the tax rate they are supposed to because most of their income comes from investments not a traditional salary.
The American oligarchs are threatened
Ok
Problem in America is that greed of capitalism dictates government The majority of Americans are not benefiting from it and it's not 'trickling down' as these Billionaires would claim.
It most likely will drop 25% anyway. The next recession is overdue. Warren will probably pull an Obama and ruin the next recovery.
Another Lie for Trump
If Warren's universal health care system gets up. Bosses won't be paying for health care for their employees. The government will pay. So how does that hinder business.
this proves the 1% own America
There afraid they can’t milk Americans dry!
Also sadly we’re due for a recession. So the next president will take the hit. Pretty much everyone is aware of that.
Market rise and fall all the time even with trump's tweets. The market is not the concern of the ordinary Joe!
AND WHO IS THIS BILLIONAIRE INVESTOR? TRUMP OR ONE OF HIS BUDDIES?
Make Billionaires Millionaires Again MBMA Let the Poor Live Again LPLA
FFS how is the a headline, it rhetoric BS
ChuckSunshine WE SUFFERED the 2008 HOUSING CRISIS even though the Banks got Bought out😡it took YEARS to RECOVER & A NEW PRESIDENT but WE SURVIVED! WARREN'S PLAN would be WAY WORSE, She wants FREE EVERYTHING & RAISE TAXES😡not just the 1% RICH either!!
I love how he thinks taxing billionaires 2% is going to make them poor. That comment right there tells you all you need to know.
Warren lie to the American people, trying to insist in Socialist inspire answers, in a Capitalist country.
randydeabay She ain’t gonna be president lol
So what your saying is that the billionaire is willing to lose 25% of his wealth with a market plunge rather than pay a 2% wealth tax, explain how that makes any sense
More like drops 95%
So ? Screw the billionaires, who the hell cares, they’ve make many a billion with this abomination of a president !!! The party will soon be over !
Bring her on. She’s got my vote
Hasn't the market figured out yet that the American economy generally does better when Democrats are in charge?
Nope, it will go up. (if we ever get single-payer national healthcare) Imagine the company you work for not having to pay for your health care. Their profitability goes up instantly. They'll keep some & since providing HC won't be how they attract workers, higher wages will be.
You got a choice Pay your taxes or the market will Drop 25 to 50% you got away with it since Reagan time to pay the bills of the American people infrastructure school health insurance
🔶 Billionaire kleptocrat using economic fear mongering! Grrrr . . .
If that billionaire investor is so good at forecasting the stock market I wonder if he can give me a few tips about futures and the immediate outlook of good stocks.
And making money is so much more important than preserving our democracy.
It's a no brainer. Just look at Trump's roll back of red tape & its effects on USA markets as well as the rest of the world
Better that than the world heading towards recession like what we have now
The top 1% will make the rest of us pay for their taxes.
That wont happen..seriously 6000pts? Complete bullshit...
Yeah, so? But, Main Street sees a rebirth. Next!
What else would you expect them to say?
Only the rich are in the market
Nominate Warren and you will get another 4 years of Republican bullshit. Electoral college, think about it.
Until the next day when traders find new money-making investments.
Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
yea - no volatility/drops with Trump 🙄 whatever
The market dropped quite precipitously on 2008 due to billionaire investor activity associated with the S&L crisis. We survived and then thrived, so what exactly is this investor's point?
And the rest of the 99% don’t fucking care
So? Markets already been fickle the last 8 months. We’ll live if it drops.
And, who gives a shite about a billionaire invester who does not give a shite about the average person or the poor. Poor baby, cry us a river, because you have gotten away with rigging the system to your favor far too long!
We'll put your money under the mattress or on your yacht, sucker.
Yeah right. 😂 Republicans running scared...
Poor man says, “I don’t give a ****” what the billionaire says
that's a chance im willing to take
1. That's a very stupid thing to say. 2. Who cares ? The market is as stable as a hyperactive Chihuahua on the 4th of July.
No it will go up
Cool for the planet . 👍🌱
And that's just the start.
Too bad for him and the rest of the billionaires. What are they going to do? Put it in a sock drawer? Maybe they put it in some other kinds of investments. Who cares? It does not affect the vast majority of workers in this country who do not own stocks.
FuckBillionaires Warren2020
Let me guess...he’s a Trump supporter.
Good buy opp screw the billionaire parasite
Oh nooo *clutches pearls*
Fear is a liar. Shutup
Bullshit
Does it matter! It's not going to affect AVERAGE Americans! It only affects the GREED of the Billionaires!
As opposed to a major recession and market manipulation by Trump?
I think the investor class would do themselves more good by keeping their mouths shut about ewarren. The more they talk about her the more enthused the voters become
So what?! Stupid statement
And the whole economy tanks, job layoffs.
Well of course a 'Billionaire investor' says that. Billionnaires are who would recieve a higher tax rate. can't listen to them for facts they're trying to save their Ass-ets
So? Unless I’m a billionaire investor, that won’t seriously affect me
The billionaire investor is obviously concerned he cannot buy ewarren or dictate her policies, one of which is 3% tax for billionaires
If a billionaire says she’s bad, she’s good. Most Americans aren’t in the market, and even though I am, it needs a course correction. I’d gladly sacrifice market value, for moral value. You can call me stupid, but sorry, I have standards.
Not my problem. Not most people’s problem. Suck it up, buttercup.
Fucking good
50 easily
Scare tactics by billionaires.
Scared of a strong woman, women are going to save our democracy watch and learn!!
👍 gotta love the wealthy class threatening 97.5 percent of all Americans with financial ruin if we elect a competent leader. Nice.
She won’t be elected so we are all good!
that's good news. A great buying opportunity awaits. Let's do it!
so place some put options.
if the market drops 25%, that means it's still way up and will rebound and that's a bump in the road. So it's a great buying opportunity. And that's a bad thing? What genius billionaire said this?
if the market drops 25%, that means it's still way up and will rebound and that's a bump in the road. So it's a great buying opportunity. And that's a bad thing? What genius billionaire said this?
if the market drops 25%, that means it's still way up and will rebound and that's a bump in the road. So it's a great buying opportunity. And that's a bad thing? What genius billionaire said this?
PaulieD55 Or any Democrat. Dems are lousy leaders.
The market will overreact and then self-correct. Her policies are sound. She is “capitalist to the bone” after all.
Billionaires use to getting away with paying little to no taxes will do and say anything to create fear amongst voters. Image they might actually have to pay their fair share. Oh the humanity!!!!
So what?
A billionaire investor trying to frighten middle-income Americans that their 401Ks will drop with a Warren Presidency. They must really be afraid of her. That’s all Republicans have; they sell fear and chaos but nothing else.
So a random schmoe says this and it’s suddenly a news item? Really?
Financial blackmail. Let the market drop. It is mostly billionaires money anyway right?
“Yawns.....” Cool story bro.....
Billionaire invested probably saved a whole hell of a lot more on tax breaks from Trump so it’s even.
Super. More of us can get in. And the. The market will go back up. And more people will benefit. Not interested in the pov of billionaires
So.
Good!!!!
Completely predictable. Completely irresponsible. Their extravagant partying will be over soon.
yes she wont inspire the confidence of investors starting with the attack on technology... no .. pass this one by
Ok!
Good
Yah, the rich be scared of her. 😂 Warren2020
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