Leon Cooperman sees stock market lower a year from now due to tax, rate, inflation pressures

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'I'm prepared to pay more in taxes and I think 50% is a decent number,' Leon Cooperman says. The billionaire investor speaks out about who he voted for in the presidential election and where he sees the market one year from now.

, finishing Thursday's session at 4,211.47. The broad equity index has risen roughly 12% year to date and about 43% in the past 12 months.

Cooperman said he considers himself to be "a fully invested bear," while acknowledging the market has lately "done better than I would've thought."

 

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Lee Cooperman voted for Joe Biden. Amen.

Go ahead

I am always baffled at these billionaires who are ok to pay taxes, the should do it but speak for yourself. It is not the same to pay 50% of 100 billion than 50% of 100,000.

The stockmarket has nothing to do with mainstreet. Enjoy your wins and losses. We could care less.

and JoeSquawk JoeKernen is the true demagogue when it comes to monetary policy... he is the 1% and he gets paid to shill for the 1%...

Why doesn’t he just pay it now voluntarily?

This guy is AMAZING. Truly a fine American.

Or you can think for yourself and donate those same dollars to a worthy cause or charity.

He knows on paper his company could/should pay 50%, but he’ll utilize the loopholes to pay less in reality. Saying he supports it is just to boost his company and is virtue signaling because he knows he won’t ACTUALLY pay 50% no matter what.

CNBC...aren't you the guys that were lying through your teeth on TV about GME and treating redditors like trash?

Can I go on CNBC & make demands about my taxes? Hey billionaires do yourself a favor & STFU. That goes double for you CNBC...stop booking them. No one likes these people. Everyone gets it. The greed is crystal clear.

Wait, the rich want to raise taxes on the Middle class? 🙀😼

I am grateful and very much respect Mr. Cooperman for this statement. He has the money to lobby bad faith Republicans to fight this so we must acknowledge his gesture!

Time for pro people policies Say no to dirty Crony Capitalism

He may be willing to pay that high rate, others are not.

🤡🤡🤡🤡

Elizabeth Warren has no intellectual depth.

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