Billionaire investor Mark Cuban has extended an invitation to Tesla and SpaceX CEO Elon Musk to engage 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 top earners in the US.
Don’t Miss:
Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.
A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10.
In response, the “Shark Tank” star offered Musk the chance to directly question him about Harris’ policies. He also asked Musk to share his insights about the Republican candidate Donald Trump in return.
Hey @elonmusk ! 1st. Congrats on Polaris. Truly an amazing accomplishment
2nd. If you want to directly ask me questions about any of @KamalaHarris policies and approach, I'm happy to tell you what I know
In exchange I'm hoping you will do the same about 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 individuals with a net worth exceeding $100 million. At the time, Cuban appeared on CNBC’s “Squawk Box” saying that Harris has no plans to tax unrealized gains.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will 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 speak for the vice president, she makes the final decision,” he stated, adding, “I'm talking to these folks three, four times a week, having back-and-forth conversations, and their verbatim words to me is, ‘That's not where we want to go.'”
Why It Matters: This latest development comes in the wake of concerns raised by Kevin O'Leary, chairman of O'Leary Ventures, about 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's going on in terms of the classic, ‘make the rich pay their fair share. That's a narrative that goes into every single 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 any other recent candidate.
Read Next:
Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible.
Don’t miss the real AI boom – here’s how to use just $10 to invest in high growth private tech companies.
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 can set you ahead in today's competitive market.
Get the latest stock analysis from Benzinga?
This article Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris' Economic Policies, But Wants This In Exchange originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.