Elizabeth Warren Shades Bloomberg’s Entry Into Race

The Hill reports:

Sen. Elizabeth Warren (D-Mass.) welcomed billionaire Michael Bloomberg to the Democratic primary race by referring him to her newly launched “Calculator for Billionaires.” Welcome to the race, @MikeBloomberg!” Warren tweeted Thursday evening. If you’re looking for policy plans that will make a huge difference for working people and which are very popular, start here.”

Attached to the tweet is a link to Warren’s “Calculator for Billionaires,” which was released earlier on Thursday. The web tool allows voters to see how much some of the country’s most prominent billionaires would pay in taxes under Warren’s new tax plan, which features a two percent tax on household net worth between $50 million and $1 billion, and a three percent tax on net worth above $1 billion.