Dallas Mavericks owner and billionaire entrepreneur Mark Cuban isn’t accepting Senator Elizabeth Warren’s “ultra-millionaire tax” proposal. While Cuban has stated over the years that he supports paying taxes, he does not support paying that many taxes.
During his appearance at this year’s Vox Media Code Conference in Los Angeles, the “Shark Tank” host said: “I don’t mind being taxed more. I wrote a blog 20 years ago saying it’s the most patriotic thing you can do after military service, is pay your taxes because that’s what allows everybody to live and to prosper.”
“But the idea of just ‘Soak the rich, billionaire tears, billionaire tears fill that cup’ — screw you, Elizabeth Warren, you’re everything wrong with politics,” Cuban emphatically stated.
On Senator Warren’s website, her tax plan is explained as the following:
For decades, the wealthy and the well-connected have put American government to work for their own narrow interests. As a result, a small group of families has taken a massive amount of the wealth American workers have produced, while America’s middle class has been hollowed out.
The result is an extreme concentration of wealth not seen in any other leading economy. The 400 richest Americans currently own more wealth than all Black households and a quarter of Latino households combined.
Warren made sure to add a racial component while slamming the rich.
This is not the first time the two have tangoed over taxes. In an appearance on Fox Business last year Cuban stated, “I don’t think Elizabeth Warren knows at all what she’s talking about when she deals with this…I think she just likes to demonize people that are wealthy and that’s fine.”
Warren took a shot back during an MSNBC interview when she said, “Mark Cuban’s problem is not that I don’t know what I’m talking about…Mark Cuban’s problem is that I know exactly what I’m talking about.”
“We need to change the laws so they’re not written just by the lobbyists for Mark Cuban and his buddies,” she said.
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