On Tuesday, Sen. Elizabeth Warren (D-Mass.) and economist Peter Schiff shared opposing views about President Donald Trump’s signature tax-and-spending package on social media.
Warren, Schiff Spar Over Trump’s Big, Beautiful Bill
Warren criticized Trump’s “Big, Beautiful Bill” in a post on X, arguing that its tax benefits overwhelmingly favor the wealthiest Americans while offering only modest relief to working families.
She alleged that a family earning $50,000 would receive “less than $2 a day” in tax cuts under the legislation, while households in the top 0.1% would get more than $300,000.
Calling the measure “legalized theft,” she wrote, “This is legalized theft from working people to reward the ultra-rich. We must not forget that.”
