Warren’s wealth tax is not the answer to society’s problems, says billionaire David Rubenstein

Warren’s wealth tax is not the answer to society’s problems, says billionaire David Rubenstein

US News Rank

Democratic presidential candidate Sen. Elizabeth Warren‘s wealth tax would not generate enough money to make a dent in income inequality, said David Rubenstein, the billionaire co-founder of private equity powerhouse The Carlyle Group.
“I don’t think all of a sudden a wealth tax, for example, would solve all of our society’s problems, if one could ever actually be implemented,” Rubenstein told…

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