“You Didn’t Answer Me” – CNBC Host Spars With Sen. Warren Over Wealth Tax

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CNBC host Joe Ker­nan clashed with Demo­c­ra­t­ic Mass­a­chu­setts Sen. Eliz­a­beth War­ren on Tues­day over her pro­posed “Ultra-Mil­lion­aire Tax.”Warren was ques­tioned by Ker­nan while appear­ing on CNBC’s “Squawk Box” over the annu­al tax rates in her pro­pos­al and why they seem to be arbi­trar­i­ly set at the deter­mined lev­els of 2% and 3%. Ker­nan began by ver­i­fy­ing that War­ren didn’t think the rich peo­ple she wants to tax had “bro­ken any laws to accrue all this wealth” and that the tax pro­pos­al wasn’t “puni­tive.” He then asked why the tax rates weren’t more “pro­gres­sive” and set at higher …

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