Starwood CEO Barry Sternlicht calls wealth tax, favored by Warren and Sanders, a ‘crazy idea’

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Barry Sternlicht, co-founder of the privately held Starwood Capital global investment firm, believes a wealth tax, as envisioned by Democratic presidential candidates Sens. Elizabeth Warren and Bernie Sanders, would not be feasible. “I think it’s a crazy idea,” Sternlicht said Friday on CNBC’s “Squawk Box.” The wealth tax from Sanders, […]