Warren embraces Thiel label: 'Good'

Warren embraces Thiel label: 'Good'
© Aaron Schwartz

Sen. Elizabeth WarrenElizabeth Ann WarrenZuckerberg launches public defense of Facebook as attacks mount Warren, Yang fight over automation divides experts Warren says making Israel aid conditional on settlement building is 'on the table' 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 TrumpZuckerberg launches public defense of Facebook as attacks mount Trump leaning toward keeping a couple hundred troops in eastern Syria: report Warren says making Israel aid conditional on settlement building is 'on the table' MORE, told Fox News's Tucker CarlsonTucker CarlsonZuckerberg launches public defense of Facebook as attacks mount NBC-Universal rejects outside investigation of Matt Lauer Megyn Kelly appearance on Fox News draws more than 4 million viewers 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 SandersWarren says making Israel aid conditional on settlement building is 'on the table' Warren says she will unveil plan to finance 'Medicare for All' Ocasio-Cortez says endorsing Sanders early is 'the most authentic decision' she could make 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.