“The billionaires will grumble, but I know at the end of the day they’re still going to invest their money in the United States,” Rep. Khanna said earlier today in response to Elizabeth Warren’s new campaign ad blasting billionaires.
Titled "Elizabeth Warren Stands Up to Billionaires," the ad takes aim at longtime investor Leon Cooperman, former CEO of TD Ameritrade Joe Ricketts, former Goldman Sachs CEO Lloyd Blankfein and Silicon Valley investor Peter Thiel.
The ad will premiere Thursday on CNBC's "Squawk on the Street," which airs at 9 a.m. ET, and Jim Cramer's "Mad Money," which airs at 6 p.m. ET, in all New York and Washington, D.C., markets, the aide added. The ad will be part of a digital buy, as well.The ad opens with Warren telling a campaign rally: "It is time for a wealth tax." The ad then plays clips of the aforementioned billionaires.
"In my opinion she represents the worst in politicians as she's trying to demonize wealthy people because there are more poor people then wealthy people," Cooperman told CNBC in a later interview. "As far as the accusations of insider trading, I won the case. She's disgraceful. She doesn't know who the f--- she's tweeting. I gave away more in the year than she has in her whole f----ing lifetime," he added.
Warren recently said she would double her previously proposed tax on billionaires as a way to pay for her "Medicare for All" plan.The ad is the latest salvo between Cooperman and Warren. The billionaire investor recently sent an open letter to Warren,
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