Warren embraces Thiel label: 'Good'

Warren embraces Thiel label: 'Good'
© Aaron Schwartz

Sen. Elizabeth WarrenElizabeth Ann WarrenTop Sanders adviser: Warren isn't competing for 'same pool of voters' Eight Democratic presidential hopefuls to appear in CNN climate town hall In shift, top CEOs say shareholder value not top goal MORE (D-Mass.) embraced the title of most "dangerous" 2020 Democrat, bestowed on her Monday night by billionaire venture capitalist Peter Thiel.

"Good," Warren tweeted in response Tuesday.

Thiel, an adviser to President TrumpDonald John TrumpTrump pushes back on recent polling data, says internal numbers are 'strongest we've had so far' Illinois state lawmaker apologizes for photos depicting mock assassination of Trump Scaramucci assembling team of former Cabinet members to speak out against Trump MORE, told Fox News's Tucker CarlsonTucker CarlsonWhy target Tucker Carlson? It's part of the left's war on the right Carlson calls racism one of nation's problems, says people should 'calm down' Trump lashes out at Fox News's Shep Smith, says 'fake news CNN is better' MORE Monday that out of the crowded Democratic primary field, he is "most scared" by Warren

"I think she’s the one who’s actually talking about the economy, which is the only thing that I think matters," Thiel said. 

Warren proposed a plan to break up big tech companies which she said have gained "too much power over our economy, our society, and our democracy."

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She was the first major 2020 Democratic presidential candidate to call for breaking up Sillicon Valley giants such as Facebook, Google and Amazon. 

The progressive candidate has also set herself a part from her challengers, such as Sen. Bernie SandersBernie SandersTop Sanders adviser: Warren isn't competing for 'same pool of voters' Eight Democratic presidential hopefuls to appear in CNN climate town hall Top aide Jeff Weaver lays out Sanders's path to victory MORE (I-Vt.), by rejecting a "socialist" label. 

Warren has repeatedly called herself a capitalist, but has said that capitalism needs rules.

She's proposed an "ultra-millionaire tax" which would apply a 2 percent tax annually on net worth between $50 million and $1 billion, and a 3 percent tax on net worth above $1 billion.

Warren says the revenue from the tax on the wealthiest class could help fund different programs including child care, student loan debt relief and bringing down the cost of health care.