Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
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.
Based on fact, the wealthiest in this country are paying less in taxes than everyone else.
However, we are concerned that some of the proposals that may be discussed today--such as a national wealth tax, a minimum tax on corporations' 'book profits,' and a swift and significant increase to the budget of the Internal Revenue…
I'm disappointed that Mr. Cooperman decided he was more comfortable taking softball questions on cable news than subjecting his views to debate in the U.S. Senate.
The wealth tax would result in the transfer of ownership of those assets from wealthy Americans to wealthy foreigners.
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.
The truth is, the rich have run amok over the last 50 years of American history, and our government's willing complicity in their antics has permitted a handful of egregiously wealthy human beings to accumulate massive, budget-warping…
We should not have a tax system that allows Fortune 500 companies to not pay federal income tax at all.
Asking ultra-millionaires and billionaires to pay a small percent of their massive wealth is a no-brainer.
We want to make sure they have enough money to be able to go after the complicated tax schemes that the wealthy are able to use, and the big corporations.
The only people who stand to benefit from a weaker IRS are wealthy tax cheats.
I will go to bat for the wealth tax with any and all businessmen who want to tell you that it impinges on the American dream.
But history tells us that such massive inequality is invariably correlated to corruption, unrest, and failed governance.
I think they would help the economy, and especially help shared economic growth and prosperity and level the playing field.
While the IRS has turned its eyes away from the wealthy and from giant corporations, it has come down hardest on the people who are cheapest to audit.
Well, these taxes would raise as much as $6 trillion that we can pour right back into communities and families all around this country.
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?
I understand that you object to my calling people who do not pay the taxes that are legally owed 'tax cheats.'
I think a big part of making the tax system fair is about how the IRS enforces the tax laws that are already on the books.





