Elizabeth Warren actually said...

I understand that you object to my calling people who do not pay the taxes that are legally owed 'tax cheats.'

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.

A wealth tax would impose an annual 2-cent tax on fortunes bigger than $50 million.

It's more than fair that they be asked to pay a small percent of their wealth--and I just can't understand why the wealthiest and luckiest p...