Despite her vocal claims of being a staunch “capitalist,” liberal Senator Elizabeth Warren floated a 50% tax bracket during a recent interview; announcing her plan to “roll back” the GOP tax cuts should Democrats retake control of the Senate.
Warren was speaking with CNBC when she was pressed on whether or not the widely popular tax cuts should be “rolled back,” saying “Yeah, I really want to see them rolled back.”
“A lot of people think they’re just numbers; they’re not. They are the expression of our values. The values of the Republican Party that passed those tax cuts are to give $1.5 trillion away to the richest Americans and the biggest corporations, and let everybody else pick up the crumbs,” said Warren.
“What’s too high for the top personal rate?” asked CNBC’s John Harwood. “Is 50 percent obviously too high?”
“Look, there was a time in a very prosperous America — an America that was growing a middle class, an America in which working families were doing better generation after generation after generation — where the top marginal rate was well above 50 percent,” fired-back the Senator.
Read the full interview here.