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Aperture CEO Kraus Says Wealth Tax Won’t Happen

Oct.26 -- Peter Kraus, chairman and chief executive officer of Aperture Investors, says affluent Americans are unlikely to face higher taxes on their assets. "I don’t think a wealth tax is going to happen in the U.S., at least at the federal level, and I don’t think any states will put in wealth taxes either," Kraus tells Bloomberg's Sonali Basak on "Bloomberg Markets."