"They are in the soundbite business... not real policy discussions"
Warren's wealth tax plan is “morally wrong.”
“I don’t need Elizabeth Warren or the government giving away my money..."
"The wealth tax is a bankrupt concept. There are 14 or so nations that have tried it and they've dropped it. I mean it's a nightmare. The for 50 years, we've been promised, you know, simplification by the irs. This would be a nightmare. It would be a nightmare. Every year you calculate your net worth and give 2% to the government? That's ridiculous. Gold would surge because people would find gold as a place to hide their wealth. It's just the wrong idea."
And then Cooperman got very emotional when discussing the future of America for his kids and grandkids.
As he concluded previously:
"Their stories, and many more like they are the very embodiment of the American Dream. For you to suggest that capitalism is a dirty word and that these people, as a group, are ingrates who didn’t earn their riches through strenuous effort and (in many cases) paradigm-shifting insights, and now don’t pull their weight societally indicates that you either are grossly uninformed or are knowingly warping the facts for narrow political gain."