AND WHAT THAT MEANT CORY BOOKER’S APPEAL BACK THEN WAS
SUBURBAN.
SUBURBAN. IT’S INTERESTING NOW TO SEE HIM
RUNNING ON A CITY MESSAGE.
>> STEVE KORNACKI AT THE BOARD.
ELIZABETH WARREN WITH CHRIS
MATTHEWS.
MATTHEWS. CHRIS?
CHRIS? >> THANK YOU, WELL, ELIZABETH
WARREN I THINK YOU WON TONIGHT.
I’VE BEEN WATCHING THESE DEBATES
ALL MY LIFE.
JUST TALK ABOUT THIS BECAUSE
WE’VE ONLY GOT A FEW MINUTES.
I THOUGHT YOU HAD A CONSISTENT
EVEN RELENTLESS MESSAGE OF
POPULISM, PURE AMERICAN
POPULISM.
POPULISM. WE IN THE COUNTRY HAVE GOT TO
BRING DOWN THE POWER OF THE BIG
SHOTS AND HAVE GOT TO DISPERSE
THAT POWER AMONG THE PEOPLE.
>> THIS IS WHY I’M RUNNING FOR
PRESIDENT.
PRESIDENT. WE HAVE A COUNTRY THAT WORKS
GREAT FOR A THINNER AND THINNER
AND THINNER SLICE AT THE TOP.
AND THIS HAS BEEN GOING ON A
LONG TIME.
LONG TIME. IT STARTED LONG BEFORE DONALD
TRUMP GOT HERE, BUT NOW IT HAS
REALLY TAKEN OFF.
OUR BIG CHANCE IN 2020 IS NOT TO
TRY TO ROLL BACK THE CLOCK, NOT
TO COME UP WITH SOME SMALL IDEAS
WE’LL MAKE A CHANGE HERE AND A
CHANGE OVER THERE, IT’S TO MAKE
A BIG SYSTEMIC CHANGE, TO TAKE
THIS CORRUPTION HEAD ON, TO
RESET THIS ECONOMY AND THESE
POLITICS AND MAKE IT WORK FOR
THE PEOPLE.
THE PEOPLE. >> WE HAD LUNCH A YEAR AND A
HALF AGO AND I THINK IT WAS ON
THE RECORD.
THE RECORD. YOU MADE A POINT YOU’RE A
DEMOCRAT.
DEMOCRAT. BUT YOU WANT TO DO SOMETHING TO
MAKE IT BETTER.
SU
SU SUCCINCTLY WHAT SEPARATES YOU
FROM BERNIE IN YOU’RE BOTH
TALKING -- YOU USED A WORD FROM
THE ’60s IT KIND OF SCARED ME --
STRUCTURAL CHANGE.
STRUCTURAL CHANGE. WHAT DO YOU MEAN BY IT?
>> IT’S REEL.
RIGHT NOW WE’VE GOT A POLITICAL
PROBLEM AND THAT IS MONEY MAKES
ITS WAY FELT IN EVERY DECISION
IN WASHINGTON.
IN WASHINGTON. CAMPAIGN CONTRIBUTIONS,
CAMPAIGN CONTRIBUTIONS, LOBBYISTS, DARK MONEY --
>> CAN YOU TELL WHEN A COLLEAGUE
HAS BEEN BOUGHT?
>> COME ON, LOOK AT THE VOTES.
>> CAN YOU TELL?
>> SOMETIMES AND SOMETIMES YOU
GOT TO WONDER.
BUT UNDERSTAND, CHRIS, THAT’S
LIKE LOOKING AT THIS THIN SLICE
OF IT.
OF IT. IT’S NOT ONLY THE CAMPAIGN
CONTRIBUTIONS.
CONTRIBUTIONS. IT’S HOW MANY TIMES HAVE THE
LOBBYISTS BEEN IN TO TALK TO THE
STAFFERS?
STAFFERS? HOW MANY TIMES HAVE BOUGHT AND
PAID FOR EXPERTS GOT -- HOW
ABOUT THE REVOLVING DOOR?
YOU WATCH THESE GUYS.
DID YOU READ JACK ABRAM’S BOOK?
>> HE’S THE GUY THAT REPRESENTED
THE INDIAN TREEBIBES, EXPLOITED
HELL OUT OF THEM.
>> HE USED TO TALK ABOUT HOW HE
WOULD SAY TO YOUNG STAFFERS, YOU
KNOW, WHEN YOU’RE THROUGH BEING
A STAFFER COME OVER TO OUR SHOP
BECAUSE WE REALLY THINK YOU HAVE
PROMISE.
PROMISE. AND HE WOULD SAY AT THAT POINT
HE NO LONGER HAD TO STAY
AFTER --
AFTER -- >> I KNOW HOW THIS WORKS.
THEY COME AROUND WITH THEIR TANS
AND THEIR EXPENSIVE SUITS AND
THEY TALK TO THE STAFFERS ABOUT
ALL THE VACATIONS THEY’VE BEEN
ON AND THE GOLF CLUBS THEY’RE
IN, AND THEY SAY IF YOU WORK
WITH ME FROM THE INSIDE I MAY
GIVE YOU A JOB LATER.
YOU KNOW HOW IT WORKS.
>> SOLE HERE’S THE DEAL.
I HAVE THE BIGGEST
ANTI-CORRUPTION PLAN SINCE
WATERGATE.
WATERGATE. HERE’S THE BAD NEWS.
WE NEED TO BIGGEST
ANTI-CORRUPTION PLAN SINCE
WATERGATE, BUT WE CAN ATTACK
THIS HEAD ON.
AND IF WE DO, EVERYTHING ELSE WE
NEED TO WORK ON IN THE ECONOMY,
IN CLIMATE CHANGE, ON GUNS --
>> YOU’RE ON A ROLL, SENATOR.
I THINK WE’RE GOING A BACK TO
THE SENATOR.
THE SENATOR. >> OKAY, WE JUST HAVE TO AIR A
>>> WE ARE BACK AS PROMISED WITH 45 SECONDS FROM THE TOP OF THE
MIDNIGHT HOUR HERE IN THE EAST.
SENATOR ELIZABETH WARREN REMAINS
WITH CHRIS MATTHEWS.
CHRIS?
CHRIS? >> WE HAVE DONNY DEUTSCH ON, A
REAL NEW YORKER.
HE SAYS HE DID KILL ACROSS THE
COUNTRY.
COUNTRY. WHAT’S THE REALITY OF YOUR --
WHEN YOU PUT YOUR HEAD TOGETHER,
YOU’RE NOT DOING THIS JUST TO
WIN THE NOMINATION, RIGHT?
I DON’T THINK SO.
WHEN YOU LOOK AHEAD AND I’M SURE
YOU GO TO BED AT NIGHT THINKING
I’VE GOT TO BEAT THIS GUY IN THE
ROOM, TRUMP IN THE ROOM.
WHAT THE THAT GOING TO BE LIKE?
>> SO IT’S TRUMP IN THE ROOM.
LOOK, HE’S A BULLY.
AND FIRST THING SCHOOLTEACHERS
LEARN YOU NEVER LET BULLIES GET
AWAY WITH IT.
HERE’S THE DEAL.
YOU CAN’T MAKE THIS ALL ABOUT
DONALD TRUMP.
DONALD TRUMP. >> BUT HE’LL BE THERE IN YOUR
FACE.
FACE. >> I GET IT.
I’M GOING TO BE OUT THERE TO
TALK ABOUT OUR AFFIRMATIVE
VISION.
VISION. YOU KNOW WHAT PEOPLE TO WANT TO
HEAR ABOUT, STUDENT LOAN DEBT.
THEY WANT TO HEAR ABOUT
UNIVERSAL CHILD CARE.
THEY WANT TO HEAR I’VE GOT A
PLAN FOR 1.2 MILLION NEW
MANUFACTURING JOBS ACROSS THIS
COUNTRY.
COUNTRY. THEY WANT TO HEAR ABOUT HOW YOU
REALLY ARE GOING TO BREAK UP
THOSE TECH GIANTS AND BIG AG AND
THE BIG BANKS, THE GUYS WHO ARE
JUST CONTROLLING --
>> YOU’RE TAKING ON JEFF BAZOS.
LET’S BRING IN LAWRENCE.
>> THERE WERE DISCUSSIONS WHAT
TO DO WITH THE TAX CODE AT THE
HIGHEST END.
HIGHEST END. THERE WERE SOME REFERENCES TO
SOME OF THE PROPOSALS YOU MADE
BUT THE QUESTION DIDN’T GO
DIRECTLY TO YOU.
WHAT ABOUT YOUR WEALTH TAX AND
IF YOU’RE PUTTING A WEALTH TAX
OVER $50 MILLION, WHAT WOULD BE
THE TAX INCOME RATE AND TAX
BRACKET THAT WOULD ACCOMPANY
THAT?
THAT? >> SO LET’S START WITH MY WEALTH
TAX.
TAX. SO HERE’S MY PROPOSAL.
IT SAYS THAT ANYONE WHO’S GOT A
FORTUNE ABOVE $50 MILLION,
THEY’RE GOOD ON THEIR FIRST $50
MILLION, BUT THE 50 MILLION AND
FIRST DOLLAR, THEY’VE GOT TO
PITCH IN 2 CENTS, AND 2 CENTS ON
EVERY DOLLAR AFTER THAT.
THAT IS THE TOP ONE TENTH OF 1%.
TAKE A DEEP BREATH AND LET ME
TELL YOU WHAT WE CAN DO WITH 2
CENTS, UNIVERSAL HEALTH CARE FOR
EVERY BABY 2 TO 5.
UNIVERSAL PRE-K FOR EVERY
2-YEAR-OLD TO 4-YEAR-OLD IN THIS
COUNTRY.
COUNTRY. RAISE THE WAGES OF TEACHERS TO
THE PROFESSIONAL LEVELS THEY
DESERVE.
DESERVE. UNIVERSAL, TECHNICAL SCHOOL,
TWO-YEAR COLLEGE AND FOUR-YEAR
COLLEGE FOR EVERYBODY WHO WANTS
TO GIVE IT A TRY.
$50 BILLION INTO OUR
HISTORICALLY BLACK COLLEGES AND
UNIVERSITIES.
UNIVERSITIES. LET’S LEVEL THE PLAYING FIELD
AND CANCEL STUDENT LOAN DEBT FOR
ABOUT 95% OF THE KIDS WHO HAVE
STUDENT LOAN DEBT.
THAT’S WHAT WE CAN DO WITH 2
CENTS.
CENTS. AND THE REASON I WANT YOU TO
FOCUS THERE FOR A MINUTE IS IT
TELLS YOU HOW BROKEN THIS
ECONOMY IS.
ECONOMY IS. WE KEEP FOCUSING ON INCOME, AND
IT MATTERS.
IT MATTERS. BUT WHAT’S HAPPENING IS IT’S THE
ACCUMULATION OF WEALTH.
THESE GIANT FORTUNES THAT GROW
OF THEMSELVES.
OF THEMSELVES. THEY HAVE THEIR OWN MONEY
MANAGEMENT TEAMS THAT KEEP
GROWING THE WEALTH SO THAT 2
CENTS FROM THOSE GUYS, THINK
WHAT THAT WOULD MEAN AND HOW IT
WOULD BEGIN TO MAKE STRUCTURAL
CHANGE IN THIS ECONOMY.
LET ME MAKE JUST ONE MORE PITCH.
YOU KNOW, THE 99% LAST YEAR PAID
ABOUT 7.2% OF THEIR TOTAL WEALTH
IN TAXES.
IN TAXES. YOU KNOW, THAT’S THE PROPERTY
TAX IN EVERY PART OF THIS.
THE TOP, THEY PAID ABOUT 3.2%.
I’M JUST ASKING THEM TO PITCH IN
2 CENTS, JUST LEVEL THE PLAYING
FIELD A LITTLE BIT AND WE DO
THAT, AND TENS OF MILLIONS OF
PEOPLE IN THIS COUNTRY, SUDDENLY
THEY’RE IN THE GAME.
THEY’VE GOT A CHANCE TO BUILD A
FUTURE.
FUTURE. THAT’S THE KIND OF AMERICA WE
SHOULD BE.
SHOULD BE. >> LET ME ASK YOU HOW DO YOU
THIS BECAUSE INCOME TAXES ARE
BASICALLY DONE BY PEOPLE BEING
HONEST.
HONEST. USUALLY PEOPLE SAY OKAY I’VE GOT
TO PAY THIS AMOUNT.
WE KNOW ABOUT TAXES, PEOPLE SAY
I’M GOING TO PAY, IT’S TOO MUCH.
HOW DO YOU EVALUATE THE COST OF
PEOPLES PAINTINGS, OF THEIR REAL
ESTATE, OF THE OLD ANTIQUE CARS?
WHAT GOVERNMENT AGENCY WOULD BE
CAPABLE OF EVEN GUESSTIMATING
THE VALUE OF SOMEONE’S WEALTH?
HOW WOULD THEY DO IT?
>> COME ON.
LET’S START OUT WITH THE FACT
UNLIKE INCOME TAX WHICH IS
LITERALLY HUNDREDS OF MILLIONS
OF PEOPLE, TENS OF MILLIONS OF
PEOPLE BUT WITH WEALTH TAX IT’S
75 FAMILIES, THAT’S IT THE WHOLE
DEAL.
DEAL. AND THE WAY THE LAW IS WRITTEN
WHENEVER IT’S HELD AND
ANYPLACE --
ANYPLACE -- >> WHO WOULD GO AND LOOK FOR IT?
>> WHAT WE BUILT RIGHT INTO THE
PLAN WAS FAR MORE SOPHISTICATED
AND MORE INVESTMENT IN THE
ENFORCEMENT.
ENFORCEMENT. >> OH, I BET.
>> YOU BET BECAUSE THERE’S REAL
PAY OFF FOR THAT ENFORCEMENT.
>> IF SOMEONE COMES AROUND AND
SAYS THAT PAINTING IS WORTH $10
MILLION, PAY UP.
>> BUT DO UNDERSTAND THIS, THOSE
THINGS ARE VALUED RIGHT NOW.
THOSE GREAT FORTUNES RIGHT NOW,
THEY’VE GOT THEIR TEAMS OF
AUDITORS.
AUDITORS. THEY’RE ALL THERE BECAUSE THEY