Fox Business host: Elizabeth Warren's proposal to tax the super wealthy "smashes the whole idea of a person's dream" that they can become rich

Fox Business host: Elizabeth Warren's proposal to tax the super wealthy "smashes the whole idea of a person's dream" that they can become rich

Maria Bartiromo: "I do know that her ideas of putting a tax on wealth sort of smashes the whole idea of a person's dream that they can come from nothing and, you know, ride the ladder and higher to success."

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BILL HEMMER (CO-HOST): As a senator, [Sen. Elizabeth Warren (D-MA)] had regulations on the banks, she ran the Consumer Product Safety Commission --

MARIA BARTIROMO (FOX BUSINESS HOST): Exactly.

HEMMER: And so she had a lot of authority when it came to regulations from government over business. 

BARTIROMO: This is a very important point that you're making Bill, you're absolutely right. She was running the CFTC [Commodity Futures Trading Commission] in terms of the rule-making that all banks and financial services companies had to follow. So I'm really not sure what she is talking about in terms of cheating. I do know that her ideas of putting a tax on wealth sort of smashes the whole idea of a person's dream that they can come from nothing and, you know, ride the ladder and higher to success. That's why Howard Schultz, I think, has resonated in some corners because here is a guy who comes from, you know, the projects in the Bronx and has actually built his own wealth and become successful. Why do we criticize that? Why do we attack someone who just comes from nothing and is able to work hard and achieve success because of this capitalist country? 

Previously:

Fox host criticizes Sen. Warren's call for high taxes on the super rich: Billionaire "earned" his luxury yacht

Fox Business panel claims 70 percent marginal tax rate on income over $10 million would actually hurt the middle class

Fox's Stuart Varney claims people "in the 1 percent" like himself are taxed more under Trump​

Posted In
Taxes
Network/Outlet
Fox News Channel
Person
Maria Bartiromo
Show/Publication
America's Newsroom
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