Senator Elizabeth Warren has proposed a new wealth tax. Ana Kasparian and Francesca Fiorentini discuss on The Young Turks. Support TYT by becoming a member:
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“On Monday, Sen. Elizabeth Warren (D-MA) and two House Democrats unveiled a proposal to tax the mega-wealthy — called the Ultra-Millionaire Tax Act. On Tuesday, she brought that proposal right into the lion’s den — CNBC.
Appearing on the financial network’s Squawk Box, Warren defended her plan against criticism from CNBC host Joe Kernen. A noted fan of former President Donald Trump’s, Kernen had few kind things to say about the senator’s proposal, and took a tongue-in-cheek, kidding-but-not-really-kidding approach to criticizing it. The CNBC host questioned why Warren was only calling for a 2 percent tax on those with $50 million or more, and 3 percent on those whose fortunes exceed $1 billion.”*
Hosts: Ana Kasparian, Francesca Fiorentini
Cast: Ana Kasparian, Francesca Fiorentini
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