Elizabeth Warren actually said...

Would a tax on book income, like my Real Corporate Profits Tax, ensure that these giant companies can't get away with paying nothing in taxe...

Senator Warren's proposed wealth tax would tax assets acquired abroad by U.S. citizens.

If enacted, the law would generally impose an annual 2 percent wealth tax on the net value of a taxpayer's total assets above $50 million.

Thank you, Senator Wyden.