Billionaire investor and Goldman-Sachs alum Leon Cooperman believe that the proposed billionaire tax is unconstitutional and that the Democrats are "attacking billionaires for no reason”. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE:
https://news.yahoo.com/billionaire-hates-wealth-tax-says-100000601.html
"For a few brief hours on Wednesday, it seemed like Democrats would propose a tax on billionaires.
Democrats are still hammering out the details of what will be in a final social-spending package, but the tax-focused on billionaires looks like it's getting chopped. The architect of the tax, Sen. Ron Wyden, the chair of the Senate finance committee, told Insider's Joseph Zeballos-Roig that "this is not done" as he fights to keep it alive.
But at least one person who would be affected by the proposal would be thrilled to see it on the cutting-room floor."
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