EXCERPT:
WARREN: “Look, I think that we have a fundamental question that we’re going to address in the 2022 elections, for example, and that is, we just heard Senator Toomey say once again that if the Republicans can get empowered, they want to raise taxes on all of America, on working families in America, on half of people, they want to raise taxes on people living on Social Security, people who are making minimum wage, people who are in the working class. What Democrats are saying is that we’ve got a plan to try to raise taxes on the millionaires and billionaires, the people at the top, who are not even paying taxes at the same rate as everyone else. Our tax system is badly broken, and it’s broken because it makes an underlying assumption that everybody just kind of earns money in the same way, and if you tax, all that matters is what’s the marginal rate the highest income earners. But now, when we’ve got so many billionaires who have all of this huge unrealized gain in stock and they manage to live massively lavish lifestyles without ever paying anything or pay only a small amount in federal income taxes, we can’t keep that up. We can’t keep it up in the government, we can’t keep it up in our economy, and we can’t keep it up in a functioning democracy. So, the Biden White House has stepped up and said, 'We have a plan to change that.'”