Bill Ackman slams California wealth tax as ‘expropriation’ of private property
The Agency founder and CEO Mauricio Umansky joins Varney & Co. to warn that California’s rent control and wealth taxes are driving out builders, investors and middle-class families. Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they…
