Leon Cooperman, the billionaire investor, hedge funder, and part-owner of America Media Inc., is very, very upset at Elizabeth Warren’s wealth tax, which would possibly make him only a multi-millionaire, or perhaps just a lesser billionaire. He’s been railing against her for weeks now—and after her campaign released an ad this week targeting Cooperman and his fellow billionaires, he’s making his very hurt feelings known.
Warren’s wealth tax, saying that she “uses some pretty harsh words” and “vilifies successful people.” Bill Gates, when asked recently about Warren, made what he characterized as a “joke:” “I’ve paid more than $10 billion in taxes. I’ve paid more than anyone in taxes,” Gates said. “But I’m glad to have. If I’d had to have paid $20 billion, it’s fine. But when you say I should pay $100 billion, OK, then I’m starting to do a little math about what I have left over.
Cooperman seems particularly affronted that Warren’s ad brings up the unfortunate fact that he was the subject of an insider trading complaint brought by the Securities and Exchange Commission. “As far as the accusations of insider trading, I won the case,” he told CNBC. Actually, Cooperman didn’t quite win the case brought against him, which he has in the p
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