Billionaire investor rips Elizabeth Warren and her tax plan

Billionaire investor rips Elizabeth Warren and her tax plan


SHANNON?>>Shannon: ALL RIGHT, TRACE GALLAGHER, THANK YOU. OKAY, 2020 PRESIDENTIAL CONTENDER ELIZABETH WARREN IS ESSENTIALLY ADMITTING ONE OF HER KEY PROMISES WILL COST MILLIONS OF MIDDLE-CLASS JOBS. LET’S DISCUSS. DEMOCRATIC STRATEGIST KEVIN WALLING AND FOX NEWS CONTRIBUTOR KRISTEN SOLTIS ANDERSON. GOOD TO HAVE YOU BOTH WITH US.>>GOOD TO SEE YOU SHANNON YOU SHANNON.>>Shannon: YOU ARE NOT IN COSTUMES COME I’M A LITTLE DISAPPOINTED. LET’S TALK ABOUT SOME OF THIS. LEON COOPERMAN, THIS INVESTOR — THIS BILLIONAIRE GUY, HE BASICALLY SAID THIS, BACK IN SEPTEMBER, “YOU DON’T MAKE POOR PEOPLE RICH BY MAKING RICH PEOPLE POOR, THE DEMOCRATIC PARTY SEEMS TO BE LEANING TOWARD THE LEFT ON POLICY, WHICH IS VERY HARMFUL FOR THE ECONOMY. I DON’T LIKE THE SHIFT TO THE LEFT” PEERED HE AND MANY ON WALL STREET ARE SAYING WE ARE NOT GOING TO BACK THESE GUYS, WE THINK THEY HAVE GONE TOO FAR AND IT WILL BE GOOD FOR THE U.S. ECONOMY.>>EVEN IF THE SUBSTANCE OF THEIR MESSAGE IS RIGHT, THE MESSENGER IS IMPORTANT. I HAVE TO IMAGINE ELIZABETH WARREN IS LOVING IT. EVERY TIME ONE OF THESE WALL STREET FOLKS COMES OUT WITH THIS MESSAGE AGAINST HER. BECAUSE EVEN THOUGH THE FACT OF THE MATTER IS A LOT OF HER POLICIES ARE GOING TO REQUIRE RAISING TAXES ON THE MIDDLE CLASS IN ORDER TO PAY FOR THEM, WILL POTENTIALLY HAVE VERY NEGATIVE ECONOMIC CONSEQUENCES. ONE OF THE THINGS SHE HAS GOING FOR HER IS SHE HAS THIS POPULIST MESSAGE. AMERICANS DON’T THINK WALL STREET IS WORKING FOR THEM, THEY DON’T THINK BIG BUSINESSES LOOKING OUT FOR THEM, SO THE POPULIST MESSAGE SHE HAS, EVERY TIME IT GETS REINFORCED, IS ACTUALLY HELPING HER OUT, I THINK.>>Shannon: GETTING ATTACKED BY WALL STREET AND RICH PEOPLE GIVES HER STREET CRIED WITH THE PEOPLE SHE IS TRYING TO GET TO. BUT SHE IS TAKING A LOT OF HEAT, ESPECIALLY OVER THE MEDICARE FOR ALL SITUATION. SHE IS ADMITTING IT WOULD COST 2 MILLION JOBS AS PART OF THE COST, BUT SHE HAS BEEN PUSHED AGAIN AND AGAIN ON WHO IS GOING TO PAY FOR IT. “POLITICO” SAID THIS. TAXING THE WEALTHY WON’T COVER THE TRILLIONS IN COST, RAISING TAXES ON THE MIDDLE CLASS IS A POLITICAL THIRD RAIL. OTHER OPTIONS LIKE REDUCING HEALTH CARE BENEFITS OR RAISING PAYROLL TAXES ARE ALSO POLITICALLY DICEY. SMALL WONDER THEN THAT THE TOP-TIER DEMOCRATS WHOSE MOTTO IS THAT SHE HAS A PLAN FOR EVERYTHING DOESN’T HAVE ONE YET FOR HOW TO PAY FOR UNIVERSAL HEALTH CARE.>>YEAH, SHANNON FEARED I’M A SINGLE-PAYER GUY, I’M WITH THE VICE PRESIDENT ON THIS, WE GOT M VICE PRESIDENT ON THIS, WE GOT R VICE PRESIDENT ON THIS, WE GOT H VICE PRESIDENT ON THIS, WE GOT E VICE PRESIDENT ON THIS, WE GOT A VICE PRESIDENT ON THIS, WE GOT . REPORTS ARE THAT SHE WILL COME OUT WITH THAT PLAN TOMORROW, ACTUALLY, AND RELEASE THE PAY FORCE FOR THE MEDICARE FOR ALL PROPOSAL SHE IS PUTTING OUT THERE. I THINK IT’S NOT A WINNING STRATEGY FOR DEMOCRATS. MIGHT BE — A WINNING STRATEGY FOR THE PRIMARY. SHE IS AT HER BEST WHEN RAILING AGAINST THE WEALTHY AND RAILING AGAINST THE CEO’S, WHEN RAILING AGAINST THE 1%. WE KNOW INCOME INEQUALITY IS AT ITS HIGHEST POINT OF A COUNTRY, SO SHE IS TAKING A PLAY OUT OF THE PRESIDENT PLAYBOOK FROM 2016 IN THIS POPULIST MESSAGE, WHICH MAY VERY WELL RESONATE WITH THE PARTY.>>Shannon: SHE AND SENATOR SANDERS HAVE SHARED SO MANY COMMONALITIES BID THAT DIFFERENCES LUCKY POLICIES, BUT FOR THE MOST PART, SEEM TO BE IN THE SAME LANE. AND I SEEM TO BE BATTLING FOR THE SAME SLICE OF THE POTENTIAL PRIMARY. LIKE IT’S A BAD WORD, THAT SHE ADMITS TO BEING A CAPITALIST. SHE ACTUALLY ADMITS TO BEING A CAPITALIST. SPEAK WITH YOU SOMEONE VERY ECONOMICALLY PROGRESSIVE, YOU MIGHT LOOK AT ELIZABETH WARREN AND BERNIE SANDERS, I WANT THE ORIGINAL FORMULA, NOT THE KNOCK OFF. I WANT THE PURE, UNVARNISHED, EMBRACES THE WORD SOCIALISM FULLY. IF YOU’RE A DEMOCRATIC VOTER INTERESTED IN ELECTABILITY, YOU MIGHT LOOK AT BERNIE SANDERS AND SAY HE’S A LITTLE TOO EXTREME, MAYBE ELIZABETH WARREN’S ATTEMPTS TO PLAY THE GOLDILOCKS GAME, DON’T BE TOO HOT OR TOO COLD, BE RIGHT ON THE MIDDLE, MAYBE THAT’S ENOUGH. I THINK HER POLICIES ARE TOO CLOSE TO BERNIE SANDERS FOR HER TO HAVE ENOUGH OF AN ELECTABILITY EDGE. IF YOU ARE REALLY TRULY PROGRESSIVE, WHY GO FOR THIS NARRATIVE? YOU CAN GO FOR THE NAME-BRAND IN BERNIE SANDERS.>>Shannon: THEY TALK ABOUT THE 50 YEAR UNEMPLOYMENT LOW, IT DIDN’T JUST HAPPEN, IT’S THE EXPLICIT RESULT OF CONGRESS IN PRESIDENT TRUMP MOVING FORWARD WITH REAGANOMICS. IF THEY THINK HE WILL POUT HIS OPPONENT WITH THE FACT HE HAS CREATED REAL WORK FOR REAL PEOPLE, WHETHER IT IS JOE BIDENO PEOPLE, WHETHER IT IS JOE BIDENR ELIZABETH WARREN.>>MY CONCERNS ARE LOOK AT THIS QUARTER. 1.9% GROWTH, I THINK IS GOING TO BE REALLY PROBLEMATIC AND HELD AROUND THE NECK OF THIS PRESIDENT GOING FORWARD PEERED HE PROMISED 5%, 6% GROWTH IN GDP, AND WE’RE NOT SEEING THAT LEVEL OF GROWTH, AND I THINK THAT WILL BE A KEY ISSUE IN 2020.

100 thoughts on “Billionaire investor rips Elizabeth Warren and her tax plan

  1. Pocahontas is falling into another trap. Last time the idiot agreed to take a DNA test. This time she has to produce economic numbers to account for her ridiculous promises. This will be another epic embarrassment for her.

  2. What is it with this reference for bastard Bernie Sanders he supported the Soviet Union even though he knew they murdered millions of people. Why is that OK?

  3. The wealthy made their money on the back of the workers and the poor it is reasonable that they pay back for it without exclusions. It s not about commies but truth very few have made money the hard way is easier conning and cheating is what they do namely the cabala banks the culprits of all sins…

  4. Why would Warren start her run on such an outrageous Medicare for All. 52 Trillion for healthcare and not raise taxes on everyone- Everyone will have to pay even the poor. We cant pay 22 Trillion in National Debt, how does she think Americans can work and cover Trillions and Trillions and Trillions?

  5. it won,t coast much becouse they will all have the mark of the beast wich will make it so there not sick for a while.

  6. people judge others by experience and at best warren knows 4 or 5 milionares….she rapes them as democrats do stealing in the name of help or working programs…DEM PROGRAMS HAVENT WORKED IN MY 60 YEARS..SO WHY DO THESE VOTERS PRETEND THEY ARE SMART WHEN THEY ARE FKING THE WORLD FOR NORMAL PEOPLE…if your a democrat it proves you dont know economics and will ruin life for many..keep the response your just that stupid.

  7. I watched until the guy repeated the Liberal lie about inequality. We have a HUGE number of Americans making from $50k to $150k. When Hearst was building his castle and Rockefeller, Carnegie, Mellon and the other Robber Barons were billionaires the average Americans were probably making $1000 if that a year.

  8. The DNC is millions in debt ,
    they don’t have the money to run against Trump
    Why attack rich people ?
    Poor people don’t hire people for jobs
    Rich people hire people for jobs
    Liberals are idiots
    God bless Donald Trump
    Trump will sweep the next election
    Just like Regan swept Carter

  9. The elephant in the room is warrens white privilege I don’t hear the progressives saying to much about that. Hypocrisy abounds with these fools. Trash heap of history for them all. 🦕🦕

  10. The people who care about income inequality are the lazy asses that will not get off their couch they just want our money, the Democratic think I'm rich lol

  11. Trillions of dollars. I can't even wrap my head around multiple trillions of $$$. It's crazy. What about the environment?? Do we spend trillions on that as well???

  12. unless Leon Cooperman is an economist, I do not care what he says. This is no different than what cnn does. Fox needs to bring Thomas Sowell on, or quote him instead.
    The headline should be "Vilification Of The Rich", warren is anti-American, but she's is not really a socialist. She's a communist in the making, just like berni. Eventually, they will nationalize privately owned business. They will steal, and that should be the story here.

  13. She is living in fantasy land, there is no way her plan will work, if her plan is implemented, god help us all ! She is telling people what they want to believe , not what is best for taxpayers, I’m not going to worry about it , see ya in 2020 TRUMP. !!

  14. FACT: It's the people with MONEY that can afford to open businesses. If you take away too much money from these people they will reasonably not want to spend more money to open businesses, which doesn't help people who need businesses to get jobs/work/employment…that's a NO BRAINER!!! DON'T VOTE DEMOCRAT, THEY ARE NOT FOR THE AMERICAN PEOPLE! VOTE REPUBLICAN 100% & KEEP AMERICA STABLE, STRONG & FREE! MAGA/KAG 2020 🙂

  15. Chasing around the rich and corporations with pitchforks and torches is not going to get votes. I want to be rich I do not want to be punished because of it. I Want the rewards of being rich, lots of money to spend. Like I want to spend it, not like some government stooge wants. I do not want to buy democrats votes with MY money. Warren is a monster. She also wants a 42% sales TAX, OMG!!! That $480 dollar 4K tv from Walmart is now $681 dollars. She is a thief. Who in their right mind would vote for that? Some welfare rat?

  16. I don't see poor citizens starting businesses who hire everyday people. Rich people start businesses and make more money and with that profit they than hire more people or build another facility to make more profits.

  17. she going to make the top 1 % pay the bill, now please what is she going to do ? put them in a prison so they cant leave the country,,, seems simple they just take their money and relocate to another country you think

  18. like it or not, none of us work for poor business owners. and there will always be a 1% with the most money. the concern is that we get as many people working so their incomes come up. I can't compete with Trump, but I can find a good job in this economy and with lower taxes. Warren talks nonsense. Many lower income people who have found work in the Trump economy would go immediately back to public support and depression. And what does she really know about the health care delivery system in the USA. these people are very disruptive to the American way of life. Trump is trying to improve it. I guess Warren et al are small time millionaires jealous of the big money out there. Always looking to punish someone.

  19. If you tax the Rich, to pay for the poor, the Rich will leave the United States of America and take every job their companies provide, here in the United States of America, with them !!!!

  20. Thats the dumbest thing ive ever heard. So stupid a 6 y old can understand. Just take the money the rich has stolen from Americans and give it back to the middle class and poor. Simple.

  21. Warren, Pelosi, the entire Democratic party and every Democrat in this country are nothing less than a bunch of lying idiots! Warren has done nothing but lie to the American people about everything, she needs to go!

  22. These democrats feel that by throwing crumbs like trying to appease the dark skinned people, they can get their votes.
    How naive they are to think that we cannot see through their forked tongue lies. They seem to think we are REALLY DUMB..
    Stupid democrats… Period.!!!

  23. Obama Care (Affordable Health Care Plan) was a flop, a financial catastrophe. So Democrats don't apologize for ramming it down the throats of Americans and immediately want to switch to an even more expensive health care plan…

  24. Here's what I don't get…all that is being talked about is paying for the ridiculous pipe dream of "free healthcare" by raising taxes. What isn't being discussed is why would anyone think that the most irresponsible body of people ever would be more responsible with more tax dollars than they are now? No one in their right mind would give more money to a person or group of people who have proven that they are irresponsible with money, and think that if they have more money, they would do a better job! If my financial people were consistently loosing, misappropriating, and sometimes just outright stealing money from me, I would fire them! NOT give them more money and hope they come up with a plan to all of a sudden "fix it". And what's even worse, they actually ADMIT that government waist is a problem, however, it's a problem that they just refuse to address. Am I the only one who sees this issue????

  25. Warren has no credibility she’s a hack everybody knows it we would go into a depression the day after she was elected it’ll never happen

  26. Hi FoxViewers!….I like you guys..so much….so predictable…so angry…so emotional…like most of my 5-7yr old nephews & nieces…..I so need to beat you all as you guys love it….since putting you all in a timeout corner only leads to eternal crying…anger as usual…never learning a thing…how many decades will it take before you finally have a birthday?..how many centuries before you all finally become a Adult?

  27. She's a millionaire denigrating billionaires. This inbred actually said that including medicare for all even for illegal aliens would pay for itself. How? They might pay sales taxes and state taxes, but federal taxes?

  28. so a person who makes all of his money by just moving money around and leaching money from the economy while adding nothing doesn't approve?

  29. Warren… You may want to try a Rain Dance… or Prayer feathers… 
    Dig Deap and gain Your inner Indian Roots.
    Your Finished, You just haven't realized it…Yet.

  30. She loves waving her arms around. Lefties love waving their arms around with hammers and sickles….and red flags. Given the chance though, as history shows all too clearly, Lefties love waving around AK's….provided the other side has sticks and stones though.

  31. I find it amazing the half of the Billionaires are democrats. Except for Bill Gates you really think they will give up there money? I don't think so. Warren is a total joke. Truly I don't care how rich people are. If there self make, Good for them. They deserve everything they have and not a bunch of freeloaders that don't want tot work. Thank you LBJ for this fiasco we have had for several decades now.

  32. Corporation's and Corgress not doing their part is why many Americans are suffering. Warren is devil. She should stop lying. Proper redistribution of wealth is the only way too run a free country. The poor working class have nothing else too give.

  33. So this is how the Socialist get basic universal income implementation to start! Eliminating millions of jobs in the United States of America. Jail all them.

  34. Warren is another cheat, idiot, and an ignorant puppet. Democrats need to get out of America if they don't want to honor the founding principles. We don't want globalism and that's what the left is about…. yak yak yak…. such a bunch of hot air. There's a bunch of leftist crap on this show. Fox has gone rogue. One number will affect Trump? Really? Maybe the growth that wasn't reached was due to the do nothing democrat criminals in power?

  35. The people in the US need to understand that the Dems plans are not for their good but the Dems total control over their lives. Look at the welfare system these people are told you can not work to make your life better or we will take away your assistance. Look that the health care if you don’t buy our system you will be fined. You may have a health care card but you have one hell of a co-pay before it works for you.

    I have paid for my Medicare all my life and now you want to give it to uninvited people in the country.

    And to give them the vote to keep you in power. NO THANK YOU

  36. She is compelled to lie, Socialism doesn’t seem rational to an adult, Only children with no contribution to society would be the ones to consider it. Take that same child wits little maturity
    (no way)

  37. Warren is a communist. I cant wait till she leaves. USA is gonna turn into Venezuela or Cuba with these politicians

  38. What about the fact that when a person is on Medicare now, when they die the government comes and takes all their assets like house, bank accounts, and anything else of value. It is not free. The government collects whatever they can from your estate after you are dead. Current Medicare recipients receive a notice every year reminding them of this fact. No one is talking about this.

  39. Funny 😁 how America keeps thinking Billionaires can’t afford to pay 💰 anyone to work and Dems think taking all their money will give everyone free stuff

  40. I wish she just go crawl back under the rock she came out of in the first place this woman could never be president she wouldn't know what the f*** to do somebody would go boo and she'd Run for Cover dumbass f**** Democrats you pick somebody that cant possibly win okay all of your candidates are losers

  41. Ive got enough money to retire on. If she wins I'll just quit my job if she raises taxes. Alot more will also. And the companies will not be able to hire to fill the jobs. Thank you Warren.

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