Billionaire Lee Cooperman Fumes Over Wealth Tax on CNBC, Rips Elizabeth Warren for Pushing it: ‘A Politician in the Worst Sense of the Word’

A Wall Street titan who refused an invitation to debate Sen. Elizabeth Warren (D-MA) about her proposed wealth tax in a hearing earlier this week has opted instead to respond in a venue where he is much more comfortable.

Appearing on CNBC’s Squawk Box Friday, billionaire investor Lee Cooperman blasted Warren — accusing her of having a disingenuous interest in true reform and looking only to score political points by taking on the wealthy. To argue his point, Cooperman referenced a 2019 letter he wrote to the senator — to which she responded via Twitter in a manner deemed unserious by the Wall Street titan.

“She proved to me she was a politician in the worst sense of the word, it’s a soundbite,” Cooperman said. He added, “I would have hoped she would have come back to my letter with a rational, intelligent response, to engage at a high level.”

Later, Cooperman expanded on his attacks on the Massachusetts senator — bashing the idea of a wealth tax as unrealistic.

“Elizabeth Warren is into sound bite … politics,” Cooperman said. “Wealth tax sounds good. It doesn’t work. It doesn’t make any sense.”

Cooperman and Warren have had a longstanding rivalry. The Wall Street titan once cried on television while denouncing Warren’s proposals, and soon after, Warren’s campaign began selling mugs bearing the words “billionaire tears.”

Watch above, via CNBC.