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Why should we care what billionaires think of the wealth tax?

leon cooperman crying about taxes on cnbc

Summary List Placement

They say that Wall Street is not supposed to be an emotional place, but if you want to see the “Masters of the Universe” burst into tears you need only bring up Sen. Elizabeth Warren’s wealth tax proposal. 

Last week billionaire investor Leon Cooperman called the policy “foolish” on CNBC. This after, back in 2019, he openly cried about the policy on the network, basically claiming that Warren was bullying him and ultra-wealthy individuals like him.

“I don’t need Elizabeth Warren telling me that I’m a deadbeat and that billionaires are deadbeats. The vilification of details ⇒

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