Billionaire investor Ron Baron: I’m not opposed to higher taxes, but ‘I hate the wealth tax’

Billionaire investor Ron Baron: I’m not opposed to higher taxes, but ‘I hate the wealth tax’

Ron Baron

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 disdainfor a wealth tax. Last year, Baron suggested a value-added tax instead, which has been adopted in many…

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