According to her calculator, Bloomberg is poised to pay $3.079 billion given his asset of $51 billion.
Democratic presidential candidate Andrew Yang thinks Michael Bloomberg's late entrance into the fight for the Democratic nomination will create challenges for the former New York City mayor, as he has missed several months of meeting people and participating in rallies.
Warren placed fifth among Hispanic voters in a Univision News poll taken after the first Democratic debate in June, with California Sen. Bernie Sanders, too, has hinged his candidacy on Medicare for All, but has faced less scrutiny - in part because he has run a campaign less focused on broad appeal to moderate voters than Warren has.
Both senators have proposed taxes on the ultra-wealthy in the U.S., much to the dismay of billionaire philanthropists like Bill Gates and Leon Cooperman.
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 estimates the tax rate of billionaires under her proposed wealth tax.
The 77-year-old billionaire with a $52 billion fortune, has recently expressed his dissatisfaction with the direction that the Democratic candidates are heading.
"I am open to suspending deportations, particularly as a way to push Congress for comprehensive immigration reform", the Democratic presidential candidate said during a Latinx town hall in Raleigh, North Carolina, according to a video posted on YouTube by the Republican National Committee.
Site highlights each day to your inbox.