Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Mark Cuban Slams Trump, Reveals His Tax Bill

Mark Cuban, Photo by Gage Skidmore

Mark Cuban, Photo by Gage Skidmore

The billionaire Mark Cuban got into a war of words with OutKick writer Ian Miller. Miller criticized Cuban for slamming Donald Trump’s irresponsible tax cuts for rich Americans. Cuban fired back, revealing how much he is paying the American government this tax season.

“Mark Cuban inaccurately complained about tax cuts benefitting rich people like him, so I asked if he or his companies paid more in taxes than they owe, after his accountants work hard to minimize it, to correct this injustice. He confirmed he doesn’t live up to his “principles’,” wrote Ian Miller.

“Hey Mark just wondering if you or your corporations pay more than the required taxes in order to pay your fair share, thanks so much,” he added.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

“I pay what I owe. Tomorrow I will wire transfer to the IRS $288,000,000.00. This country has done so much for me, I’m proud to pay my taxes every single year. Tag a former president that you know doesn’t,” Cuban

Later Mark Cuban acknowledged that he got the exact figure wring, but said in Twitter “Do I expect all of it to be used wisely. Of course not.”

“I’ve said it for years,” he added. “After military service, paying your taxes is the most patriotic thing we can do.”

Ian Miller’s attack came after Mark Cuban took to Twitter to slam former President Donald Trump, accusing Trump of lying about the benefit his tax cuts for the rich would have on the American economy.

“The wage growth he [Trump] said would happen after the cuts, but didn’t,” wrote Mark Cuban. “The greater disparity in incomes when hardly any of the corporate tax cuts went to workers. When combined with zero interest rates he demanded, what path towards inflation did they create?

“His [Donald Trump’s] refusal to raise any taxes or create revenue sources when the pandemic hit. His ego tariffs that cost everyone money and almost killed farmers till he bought their votes with subsidies. His slow response to the pandemic , saying that testing only made the numbers go up. The fact that the tax cuts of those making under 60k expire next year.,” added Cuban.

In Defense of President Joe Biden, Mark Cuban added, “Biden is far from perfect. This isn’t about that. This is the hypocrisy of the point that trump was not trying to buy votes any way he could, like Biden is now. Biden is just smarter about how he is doing it.”

Mark Cuban is an American entrepreneur, investor, and television personality. He is best known for being the owner of the Dallas Mavericks, a basketball team in the National Basketball Association (NBA). He is also a co-star on the popular TV show Shark Tank, where he invests in promising startups.

In addition to his business ventures, Mark Cuban Cuban is also a philanthropist and political commentator. He has donated millions of dollars to various charities and has been outspoken on a number of issues, including healthcare and education.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...