Elizabeth Warren actually said...

"The income tax is generally progressive with respect to the ordinary rich, but not the ultra-wealthy."

"One of the best ways to fix the income tax is by taxing extreme wealth holdings of billionaires and mega-millionaires directly."

"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 taxes?"

"Given how far we have let this inequality grow, I do not see how we can address this problem other than with a wealth tax."