Senator Elizabeth Warren is not a fan of Donald Trump. On Monday, she took to Twitter to call the GOP presidential candidate a “loser” and a “tyrant.”
While she has no lost love for Trump, Warren and her political nemesis agree on one key political move — getting tough on Wall Street.
“He talks about some important economic issues,” Warren told the Boston Globe. “He came out last month and said hedge fund managers should be taxed at the same rates as everyone else. He’s right on that.”
That’s quite an alignment for a political who has promised to do whatever it takes to stop “the hate, the xenophobia, and the downright ugliness,” being spewed by the Donald Trump campaign.
“The way I see it, it’s our job to make sure @realDonaldTrump ends this campaign every bit the loser that he started it,” Warren tweeted Monday.
Last August, Trump told CBS that “the hedge fund guys are getting away with murder.”
His plan calls for eliminating the “loophole” in the tax code known as “carried interest” that allows many hedge fund managers to pay just 20% tax on their investment earnings.
If that loophole went away, hedge fund managers would pay 39.6% tax rate on some of those earnings.
“They’re paying nothing, and it’s ridiculous,” he said over the summer.
Warren and Bernie Sanders want to take that plan further by breaking up the nation’s biggest banks, including JPMorgan Chase.
For what it’s worth, analysts believe Hillary Clinton is Wall Street’s candidate of choice based on her past political actions and her current economic policies.