Silicon Valley investor Chamath Palihapitiya says he loves Warren's wealth tax, but he declines to endorse her

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Silicon Valley investor Chamath Palihapitiya says he loves Warren's wealth tax, but he declines to endorse her
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Early Facebook employee and Silicon Valley investor Chamath Palihapitiya said that he strongly supports Elizabeth Warren’s proposed wealth tax.

. Fellow billionaire Palihapitiya, however, says he has no problem with the wealth tax.

"I love it," he said on CNBC's "Closing Bell" with Seema Mody. "There's a very small sliver of people who will be deeply and completely affected by a wealth tax, which is not rich people, but specifically rich people who own unproductive assets or rich people who have concentrated stock positions.

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