Mark Cuban thinks Harris is better for business than Trump

Cuban spends a lot of time in the X trenches. He is what one might call a “power user,” and he’s used the platform to powerfully advocate for Harris.

Unlike within the friendly confines of Maddow’s show, Cuban often winds up going head-to-head on X with some of Trump’s fiercest boosters.

On any given day, when he’s not taking direct swipes at Trump, Cuban can be found pushing back against Trump advisor Stephen Miller and fellow billionaires like Bill Ackman, or getting into the weeds on Trump’s proposed tariffs with an editor at Breitbart.

What makes Cuban an ideal ally for Harris is that he speaks in the politically transcendent language of business.

When Cuban, say, makes an economic case for DEI, it carries weight because he is the one making it.

For Trump-leaning undecided voters who happen to be huge Shark Tank fans, it means something that Mark Cuban doesn’t seem to think Harris is a “radical leftist Marxist,” as Trump contends.

When Cuban lays out for these potential persuadables precisely why he believes companies that import products will be more profitable under Harris than her opponent, it’s a boon to the campaign.


 
Mark Cuban said Saturday while campaigning for Vice President Kamala Harris that he would campaign against her if he thought she would tax wealthy people’s “unrealized gains,” which is part of the tax plan she has endorsed.

The comments came at a town hall event attended by local Arizona entrepreneurs, which Cuban headlined as a surrogate for the Harris-Walz campaign. Toward the end of the event, a man asked Cuban, “Quick question: What about unrealized gains?”


Cuban assured the audience that Harris wouldn’t tax unrealized gains.

“I’m glad you asked that. So some people think that there’s going to be an unrealized gains tax on capital gains,” said Cuban, adding: “There is not, there is not.”

In August, Harris endorsed tax increases proposed by President Joe Biden in his fiscal year 2025 budget. One of the proposals is a 25% minimum tax on total income exceeding $100 million, including so-called “unrealized gains,” or growth in assets that haven’t been sold.

“When I saw that, I went ballistic because that’s an economy killer. Kamala knows that,” said Cuban. “You haven’t heard her talk about it,” Cuban added.

That is true: While Harris’ campaign issued a blanket endorsement of Biden’s 2025 budget proposal, it hasn’t actually spoken specifically about taxing unrealized gains.

Cuban assured his audience, “You’re not going to see a tax on capital gains.”

“I already know it’s not going to happen,” he added.


www.nbcnews.com

Mark Cuban speaks out against piece of Harris' tax plan while campaigning for her

The vice president in August endorsed President Joe Biden’s 2025 budget, which included a plan to tax “unrealized gains” for the highest earners in the U.S.
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Trump's economic ideas are ignorant. He has no economic education and listens to no one. His tariff idea is nearly retarded. His tax ideas would accelerate the wealth gap and add a ton to the debt. Trump is not only dangerous in his aggressive attitude toward other nations, but his blustering bullying is offensive to any world leaders.
 
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