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.
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“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.