Elizabeth Warren actually said...

by applying a tax to a number that corporate executives want to have as high as possible, that a book income tax would serve as a backstop to the existing loopholes in the tax code?

Context

Warren suggests a book income tax could help close tax loopholes.

04/26/2021

https://www.congress.gov...

More Elizabeth Warren Quotes

You know, it is clear that giving regulators power to do something is not always enough. Congress needs to force regulators to use it, which...
5/4/2023
SVB, Signature Bank, and First Republic all lobbied Congress to weaken the guardrails, preventing them from making risky bets with depositor...
5/4/2023
The lessons, I think, are clear. Regulators need to strengthen bank oversight, and Congress must reinstate stronger rules.
5/4/2023
That is why Senator Cortez Masto, Senator Hawley, Senator Braun, and I introduced a bipartisan bill to ensure that when executives crash the...
5/4/2023

View All Elizabeth Warren Quotes