Billionaire international investor Barry Sternlicht instructed CNBC on Tuesday that at this level within the presidential race he plans to vote for Democrat Joe Biden for president.Sternlicht, who earlier this yr mentioned he agreed with President Donald Trump’s push to get the economic system reopened from coronavirus-related closures, mentioned in a “Squawk Field” interview that “I might most likely vote for Biden proper now.””I believe that on the margin the nation must heal and I believe we have to get again collectively, and I do not assume we’ll try this with the rhetoric from the fitting,” mentioned Sternlicht, whose $60 billion Starwood Capital Group has huge actual property pursuits, together with luxurious resorts and procuring malls, amongst its many different industries.Sternlicht expressed severe issues in regards to the far-left wing of the Democratic get together, however mentioned he believes that the previous vice chairman within the Barack Obama administration is the higher candidate for the present second within the U.S. “I am within the center. I might be an unbiased. I am fiscally conservative and socially liberal, like most of my friends, and we do not have a celebration. We type of simply wing it,” added Sternlicht, who previously additionally supported Trump’s business-friendly agenda together with company tax cuts and rolling again enterprise laws of his predecessor.”The Biden tax plan, which I am comfortable to pay extra taxes, however I do not assume this improve within the capital beneficial properties fee is a good suggestion for funding in our nation, which we have to do,” Sternlicht mentioned.If Biden had been to get his manner on capital beneficial properties, and the restrict on state and native tax deductions, or SALT, can also be not repealed, “you are speaking 60% plus taxes on the rich in New York Metropolis, and they’ll depart,” he added.Sternlicht additionally mentioned he was involved with the Trump administration’s present overseas coverage strategy, contending the U.S. must take a extra constructive strategy towards allies and a few adversaries, similar to China.”We have now to have a peaceable world order. I believe being associates with our allies, we all know who our allies are. I am unable to perceive our tilt towards Russia, and we’ve to have a constructive dialogue, not a fist battle, with China,” he mentioned.