Correction: Leon Cooperman: Warren's wealth tax would lead to 'unnatural acts' and is 'probably unconstitutional'
Warren is second to former Vice President Joe Biden in the, while she narrowly leads the teeming field in an average of Iowa polls.
It's unclear what kind of "unnatural acts" Cooperman was referring to, but he suggested gold would be the "main beneficiary" as individuals seek to "hide their wealth."of Warren's proposal, which would place a 2% tax on household networth over $50 million and a 6% tax on net-worth over $1 billion., at 1% annually on "the top 0.1 percent of American families," according to his website.
The son of a Bronx plumber who became one of Wall Street's most successful investors, Copperman started the Omega Advisors hedge fund in 1991. Last year, he returned outside investor money and converted Omega into a family office. His net-worth is estimated at more than $3 billion. Prior to starting Omega, he spent 25 years at Goldman Sachs., created by Bill Gates and his wife Melinda Gates and Warren Buffett.
Correction: An earlier headline misstated Cooperman's quote. He said Warren's wealth tax proposal "is probably unconstitutional."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Leon Cooperman: Warren's wealth tax would lead to 'unnatural acts' and 'probably unconstitutional'The longtime investor was responding to the Democratic presidential candidate's billionaire attack ad, in which he's cited.
Consulte Mais informação »
Leon Cooperman: Warren's wealth tax would lead to 'unnatural acts' and 'probably unconstitutional'The longtime investor was responding to the Democratic presidential candidate's billionaire attack ad, in which he's cited.
Consulte Mais informação »
This chart gives an idea of how much billionaires could lose under Sanders, Warren wealth taxesAmazon founder and CEO Jeff Bezos's net worth would be $64 billion less had Sen. Warren's tax plan been adopted in 1982, her advisors say.
Consulte Mais informação »
Elizabeth Warren's wealth tax won't be 'a big deal,' says investor Mark Mobius'If you look at who's giving money to Warren: wealthy people,' said Mark Mobius, founding partner of Mobius Capital Partners.
Consulte Mais informação »
Elizabeth Warren buys CNBC commercial time to blast billionaires in a fiery new campaign ad“The billionaires will grumble, but I know at the end of the day they’re still going to invest their money in the United States,” Rep. Khanna said earlier today in response to Elizabeth Warren’s new campaign ad blasting billionaires.
Consulte Mais informação »