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Soros 'supportive' of expected Democrat plan to tax billionaire unrealized gains - spokesperson

EconomyOct 25, 2021 12:25PM ET
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© Reuters. FILE PHOTO: Billionaire investor George Soros attends the Schumpeter Award in Vienna, Austria June 21, 2019. REUTERS/Lisi Niesner/File Photo

By David Randall

NEW YORK (Reuters) - Billionaire George Soros is "supportive" of the expected plan by U.S. Democrats to tax unrealized gains held by the country's roughly 700 billionaires, his spokesperson told Reuters Monday.

The tax plan is expected to be unveiled this week in order to raise hundreds of billions of dollars to help pay for expanding the social safety net and tackling climate change.

Soros 'supportive' of expected Democrat plan to tax billionaire unrealized gains - spokesperson
 

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Comments (5)
Vlad Lozovskiy
Vlad Lozovskiy Oct 25, 2021 1:11PM ET
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Yep, prepare to pay for something like: "your house went in price!" So the plan is first to create inflation, second is to tax on price gains.  Awesome.
Connecticut Yankee
A_Jaundiced_Eye Oct 25, 2021 1:11PM ET
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Your house? How about "How much is that Rolex worth ?" Prepare for 'Ridiculous' " (But don't worry, the Left-Wing Media will explain how wonderful it is.)
Melissa Brown
Melissa Brown Oct 25, 2021 12:37PM ET
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They say the ultra rich, then somehow it turns into taxing everybody no matter what the income.
Connecticut Yankee
A_Jaundiced_Eye Oct 25, 2021 12:31PM ET
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Boy, he looks really old in the picture.  Older than...than...well...OLDER THAN BIDEN !
Felipe Daniel
Felipe Daniel Oct 25, 2021 12:29PM ET
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One thing is for sure, Soros will not pay any tax. For the man who controls the Democratic party manipulation is nothing new. Soros is only a great benefactor for his own pocket.
Felipe Daniel
Felipe Daniel Oct 25, 2021 12:27PM ET
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LOL
 
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