Warren embraces Thiel label: 'Good'

Warren embraces Thiel label: 'Good'
© Aaron Schwartz

Sen. Elizabeth WarrenElizabeth WarrenBiden eyes new path for Fed despite Powell pick Equilibrium/Sustainability — Presented by Southern Company — Storms a growing danger for East Coast Senate Democrats call on Biden to push for COVID-19 vaccine patent waivers at WTO 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 TrumpFive reasons for Biden, GOP to be thankful this season Giving thanks for Thanksgiving itself Immigration provision in Democrats' reconciliation bill makes no sense MORE, told Fox News's Tucker CarlsonTucker CarlsonKyle Rittenhouse: No money exchanged for Tucker Carlson interview, documentary series Taibbi: Media should learn from coverage of Kyle Rittenhouse Bret Baier confirms his 'concerns' about Tucker Carlson's Jan. 6 documentary 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 SandersBernie Sanders' ex-spokesperson apprehensive over effectiveness of SALT deductions BBB threatens the role of parents in raising — and educating — children Biden expected to nominate Shalanda Young for budget chief 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.