Billionaire investor Mark Cuban has prolonged an invite to Tesla and SpaceX CEO Elon Musk to interact in a direct discussion about Vice President Kamala Harris’ tax policies and approach.
What Happened: Over the weekend, Musk shared a user’s post on X, formerly Twitter, that criticized Cuban’s stance on taxation. The post alleged that Cuban, a frequent communicator with Harris’ campaign, advocates for higher taxes for the highest earners within the US.
Don’t Miss:
In response, the “Shark Tank” star offered Musk the prospect to directly query him about Harris’ policies. He also asked Musk to share his insights concerning the Republican candidate Donald Trump in return.
Hey @elonmusk ! 1st. Congrats on Polaris. Truly a tremendous accomplishment
2nd. If you need to directly ask me questions on any of @KamalaHarris policies and approach, I’m glad to inform you what I do know
In exchange I’m hoping you’ll do the identical concerning the Republican… https://t.co/Jdqx9UAmER
— Mark Cuban (@mcuban) September 15, 2024
Earlier this month, Harris revealed plans to implement a 25% tax on unrealized capital gains for people with a net price exceeding $100 million. On the time, Cuban appeared on CNBC’s “Squawk Box” saying that Harris has no plans to tax unrealized gains.
Trending: Warren Buffett once said, “In case you don’t discover a solution to earn a living whilst you sleep, you’ll work until you die.” These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.
“I’m not going to talk for the vp, she makes the ultimate decision,” he stated, adding, “I’m talking to those folks three, 4 times per week, having back-and-forth conversations, and their verbatim words to me is, ‘That is not where we would like to go.’”
Why It Matters: This latest development is available in the wake of concerns raised by Kevin O’Leary, chairman of O’Leary Ventures, concerning the potential negative impact of Harris’ tax policies on the U.S. economy.
O’Leary warned that these policies could hinder capital growth and disrupt the American dream. “That’s a debate that is occurring when it comes to the classic, ‘make the wealthy pay their fair proportion. That is a narrative that goes into each election cycle.”
Meanwhile, Cuban has been vocal about his support for Harris, particularly her policies around entrepreneurs and startups. He has praised Harris for being pro-business and more supportive of entrepreneurs than some other recent candidate.
Read Next:
Photo courtesy: Shutterstock
Up Next: Transform your trading with Benzinga Edge’s one-of-a-kind market trade ideas and tools. Click now to access unique insights that may set you ahead in today’s competitive market.
Get the newest stock evaluation from Benzinga?
This text Mark Cuban Asks Elon Musk He Can Directly Query Him About Kamala Harris’ Economic Policies, But Wants This In Exchange originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga doesn’t provide investment advice. All rights reserved.