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Billionaire close to tears amid fears of "lefties" like AOC, Bernie Sanders
(www.newsweek.com)
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this post was submitted on 09 Sep 2023
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Politics
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Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about "the lefties" and their progressive outlook on capitalism.I'm trying to convince people like [Senators] Elizabeth Warren, Bernie Sanders and AOC (Rep. Alexandria Ocasio-Cortez)—don't move away from capitalism.
Capitalism is the best system," Cooperman said on CNBC's Squawk Box on Friday while holding back tears.
A Gallup poll from August 2022 found that 52 percent of Americans think the government should redistribute wealth through heavy taxes on the rich.
Numbers that confirm earlier surveys, like a September 2021 Morning Consult poll that found 74 percent agreed with the statement, "The wealthiest Americans should pay higher taxes," and a Marist poll from July 2019 that showed 62 percent of Americans saying a higher tax rate on income above $1 million is a good idea.
Cooperman published a memoir over the summer, called, From The Bronx To Wall Street: My Fifty Years in Finance and Philanthropy.
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