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Soros ‘supportive’ of expected Democrat plan to tax billionaire unrealized gains

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© Reuters. FILE PHOTO – Billionaire investor George Soros at the Schumpeter Award, Vienna, Austria on June 21st 2019. REUTERS/Lisi Niesner/File Photo

By David Randall

NEW YORK, (Reuters) – George Soros, a billionaire and activist in the United States of America is supportive of the planned plan by Democrats to tax the unrealized gains owned by roughly 700 billionaires. His spokesperson said Monday that Soros told Reuters Monday.

This week, the tax plan will be revealed in an effort to generate hundreds of billions to pay for climate change mitigation and social protection.

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