Sen. Elizabeth Warren (D-MA) talks to Rachel Maddow on March 10, 2016. (MSNBC)
Former New York City Mayor Michael Bloomberg filed paperwork on Thursday to run for president in Alabama.
Many internet users ridiculed Bloomberg's bid, including Sen. Elizabeth Warren.
Warren's website says Bloomberg's wealth puts him in the "top 0.0002% of Americans."
Under Warren's wealth tax, Bloomberg would pay $3.079 billion in taxes, leaving him with $48 billion.
The site says he would "still be extraordinarily rich."
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