THE VIDEO in which Elizabeth Warren, de facto Democratic nominee for the US Senate, rebuts GOP claims that taxing the rich is “class warfare,’’ continues to be a sensation. “There is nobody in this country who got rich on his own,’’ Warren tells supporters. “Nobody!’’
Her claim is that it is not entrepreneurs who create wealth. They play a role, she acknowledges, but the credit really belongs to all of us. And that becomes the rationale for why they deserve to pay a premium in taxes: We deserve a share of their wealth because we helped create it.