Cameron Costa | CNBC
Billionaire investor Ron Baron told CNBC on Tuesday that he’s ardently against implementing a wealth tax.
“I hate the wealth tax idea,” the founder of Baron Capital and a lifelong Democrat said in a “” interview.
Baron in the past has expressed his disdain for a wealth tax. Last year, Baron suggested a value-added tax instead, which has been adopted in many European countries and puts levies on goods and services during each stage of production and sale.