
Former Goldman Sachs executive Lloyd Blankfein has criticised Elizabeth Warren's latest ad on the wealth tax US Democratic presidential hopeful Elizabeth Warren's latest campaign ad attacking billionaires has prompted pushback from some of its targets. The ad to promote Ms Warren and her wealth tax proposal aired Thursday on CNBC, featuring cable TV clips of billionaires criticising her. In response, former Goldman Sachs executive Lloyd Blankfein tweeted: "Maybe tribalism is just in her DNA.
Main Idea: Elizabeth Warren used a new campaign ad to attack billionaires and promote her wealth tax plan, prompting sharp criticism from Lloyd Blankfein and Leon Cooperman.
Key Points:
A heated wealth-tax fight could deepen voter and class divides, and tax fights can also create uncertainty for investors and small businesses.
If Warren's plan became law, some wealthy households could pay more tax, which might raise money for public services.
Rate how each entity in this article affected the American people.
Primary focus of the article; her campaign ad and wealth tax proposal drive the story.
Former employer of Lloyd Blankfein and part of the article’s billionaire-tax controversy context.
Major billionaire opponent of Warren's tax plan, quoted directly at length.
Major billionaire critic of Warren featured in the article, with a prominent public response.
Mentioned in connection with the credit-card controversy that Warren criticizes Goldman Sachs over.
Named as a wealthy supporter of a wealth tax in the open letter.
Named as a billionaire signatory to an open letter supporting a wealth tax.
Named billionaire included in the ad as one of the figures criticizing Warren.
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Sign in to commentNamed company tied to Peter Thiel, one of the billionaires featured in the ad.
Named billionaire included in the ad as one of the figures criticizing Warren.