Sen. Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.) embraced the title of most “dangerous” 2020 Democrat, bestowed on her Monday night by billionaire venture capitalist Peter Thiel.
“Good,” Warren tweeted in response Tuesday.
— Elizabeth Warren (@ewarren) July 16, 2019
Thiel, an adviser to President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE, told Fox News’s Tucker CarlsonTucker CarlsonThe Hill’s Morning Report – Treasury, Fed urge more spending, lending to ease COVID-19 wreckage Tucker Carlson leaving The Daily Caller Comcast shareholders reject proposals for outside sexual harassment investigation at NBC MORE Monday that out of the crowded Democratic primary field, he is “most scared” by Warren.
“I think she’s the one who’s actually talking about the economy, which is the only thing that I think matters,” Thiel said.
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Warren proposed a plan to break up big tech companies which she said have gained “too much power over our economy, our society, and our democracy.”
She was the first major 2020 Democratic presidential candidate to call for breaking up Sillicon Valley giants such as Facebook, Google and Amazon.
The progressive candidate has also set herself a part from her challengers, such as Sen. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.), by rejecting a “socialist” label.
Warren has repeatedly called herself a capitalist, but has said that capitalism needs rules.
She’s proposed an “ultra-millionaire tax” which would apply a 2 percent tax annually on net worth between $50 million and $1 billion, and a 3 percent tax on net worth above $1 billion.
Warren says the revenue from the tax on the wealthiest class could help fund different programs including child care, student loan debt relief and bringing down the cost of health care.