'A parent chiding an ungrateful child': Billionaire Leon Cooperman steps up wealth-tax spat with democratic candidate Elizabeth Warren

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The founder of Omega Advisors previously said the stock market would crash 25% if Warren or Bernie Sanders were elected president.

Hedge fund billionaire Leon Cooperman sent a five-page letter to democratic candidate Elizabeth Warren in response to a tweet saying the wealthy investor should pitch in more to help others. Cooperman wrote that Warren's tweet showed she has a"fundamental misunderstanding" of who he is, and it was as if she was"a parent chiding an ungrateful child.

Hedge fund billionaire Leon Cooperman sent a five-page letter to democratic candidate Elizabeth Warren in response to a tweet saying the wealthy investor should pitch in more to help others. Cooperman wrote that Warren's tweet showed she has a"fundamental misunderstanding" of who he is, and it was as if she was"a parent chiding an ungrateful child.

Source: News Formal (newsformal.com)

 

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Here's an idea. Let's eliminate ALL TAX LOOPHOLES for billionaires.

I say BULLSHIIIIIT! Did the stock mkt rally after banks got bailed out? The billionaire club mbrs paying or taxes now than back then? So what if it tanks 25%? Stocks will trade at different prices for a while then we’re back to SSDD for those 1%’ers! What’s the Real Issue?

It must be the way she was raised as an American Indian.

If he wants to take the moral high ground, I’d like to know how much income tax he paid last year.

'Insider Trading' Cooperman is now our moral arbiter.

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