Elizabeth Warren and Bernie Sanders take swipes at billionaire Michael Bloomberg in response to his potential presidential bid

Paul Sancya/AP Images

• 2020 Democratic candidates Sen. Elizabeth Warren and Sen. Bernie Sanders had something to say about reports that billionaire and former New York Mayor Michael Bloomberg is planning to enter the presidential race.
• Both senators have proposed taxes on the ultra-wealthy in the US, much to the dismay of billionaire philanthropists like Bill Gates and Leon Cooperman.
• Bloomberg is poised to enter the race and file paperwork for the Alabama primary by the end of this week.
• Visit Business Insider's homepage for more stories.

Democratic 2020 candidates Sen. Elizabeth Warren and Sen. Bernie Sanders have both proposed taxes on the ultra-wealthy in the US. So it comes as no surprise that both senators had a response reports that billionaire and former New York Mayor Michael Bloomberg is planning to enter the presidential race.

Warren welcomed Bloomberg to the 2020 race with a tweet, but the welcome came with an edge as she added a link to her billionaire calculator, which calculates the tax rate of the billionaires under her proposed wealth tax.

See the rest of the story at Business Insider

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See Also:

• Michael Bloomberg is planning to file paperwork to run in Alabama's 2020 Democratic primary
• How Elizabeth Warren rose from a nearly broke Midwestern upbringing to a top Democratic presidential candidate — and Wall Street's worst enemy
• Despite low favorability ratings, Trump could have an even bigger electoral college advantage than he did in 2016

SEE ALSO: Michael Bloomberg is planning to file paperwork to run in Alabama's 2020 Democratic primary

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