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Hedge fund billionaire and Trump donor John Paulson says market would 'crash' under Harris tax plans

CNBC
Summary
Nutrition label

79% Informative

Hedge fund billionaire John Paulson says Vice President Kamala Harris' proposed tax plans could lead to a recession.

Paulson made a fortune betting against the housing market during the financial crisis.

The 68-year-old made a name for himself by betting against mortgage bonds using credit default swaps.

He has been a major donor to Donald Trump's 2024 presidential campaign.

VR Score

82

Informative language

81

Neutral language

75

Article tone

informal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links