`I think you have to do things for the right reason and at the right time´Sanders raises $18.2m in three months, leaping ahead of competitorsSign up for the US briefing and get a new perspective 5.42pm BST Elizabeth Warren has released a new plan to properly tax large companies.Warren´s proposal, the Real Corporate Profits Tax, would place a 7% tax on corporate profits above $100 million. The Massachusetts senator estimates the tax would raise $1tn in new revenue over 10 years.Her campaign estimates the proposal would hit roughly 1,200 firms. Those corporations would pay the tax on top of any liability under current tax rules, which, as Warren said in a Thursday blog post on her plan, is necessary because `our corporate tax code is so littered with loopholes that simply raising the regular corporate tax rate alone is not enough.` Dubbing her pitch `the Real Corporate Profits Tax,` Warren wrote: `It will make our biggest and most profitable corporations pay more and ensure that none of them can ever make billions and pay zero taxes again.` My new idea, the Real Corporate Profits Tax, would fix some huge holes in our corporate tax code. Giant companies like Amazon shouldn´t be able to get away with paying $0 in federal corporate income taxes. Add your name if you agree. https://t.co/uUrApinOKb pic.twitter.com/fHPIpOCjUy 4.58pm BST My colleague Lauren Aratani has been at the Women in the World Summit in New York City, where Stacey Abrams, the 2018 Georgia governor candidate has refused to rule out running for president.Lauren reports that Abrams also threw just a little bit of shade at some of those running for the Democratic nomination. Abrams respects `most of the folks` in the race, she said, although she was wary of using it as `a vanity exercise`.There´s nothing holding me back. I think you have to do things for the right reason and at the right time, not just because it´s available. I call it a vanity exercise. There are some folks that when they wake up and ...
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