Barry Sternlicht: A wealth tax would be almost impossible to implement

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Barry Sternlicht, co-founder of the privately held Starwood Capital global investment firm, believes a wealth tax, as envisioned by Democratic presidential candidates Elizabeth Warren and Bernie Sanders, would not be feasible.
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He’s not wrong. It’s impossible to implement a wealth tax. How do you value wealth? How is the tax charged? What if assets aren’t liquid? Etc etc...

jaspar
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The rich man thinks a wealth tax is a crazy idea, surprise!!!!

Nanny
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I kinda agree, I like Andrew yangs idea of a Value Added Tax.

The_General_Zubas
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Sure, Jan. #Bernie2020 #WomenforBernie

torchlightlms
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Don't worry spray tan boys, Bernie Sanders will show you how. For every single reason, Bernie 2020.

brianmurphy
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does barry understand that negative interest is a WEALTH TAX?

kornpop
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