Over the last week, a handful of powerful CEOs around the country have all issued warnings about one 2020 Democratic candidate in particular: Massachusetts Sen. Elizabeth Warren.
Warren, who steadily rose in polls over the summer to now hold a comfortable place among the top three candidates -- ranking alongside former Vice President Joe Biden and Vermont Sen. Bernie Sanders -- is taking the heat from the nation's richest voters, because of her plan to tax the wealth of millionaires and billionaires.
And for Adam Green, co-founder of the Progressive Change Campaign Committee and a supporter of Warren since she ran for the Senate in 2012, he said Warren is in the exact right fight to emphasize her message. Leon Cooperman, the billionaire chairman and CEO of the New-York based firm Omega Advisors, whose net worth is around $3.2 billion, called her wealth tax"idiocy" and"basically trying to turn people's heads around by promising a lot of free stuff."
"You do realize that you're giving Warren an opportunity to hold up your letter and say, see, here's another billionaire unhappy with paying, in her words, their fair share in taxes," CNBC's Scott Wapner said to Cooperman. Gates said he'd paid over $10 billion in taxes over his lifetime and would be"fine" if he had to pay twice that.
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