Billionaire Mark Cuban had harsh words for progressive Sen. Elizabeth Warren and her calls to tax the rich during an appearance at Vox Media’s Code Conference.
Cuban, who has an estimated personal fortune of $4.6 billion, laid into Warren (D-Mass.) over her frequent calls for higher taxes on him, Elon Musk and other wealthy Americans. The liberal lawmaker has long argued that billionaires don’t pay their fair share in taxes.
“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 prospect,” Cuban said when asked about the Democrat-led push for tax hikes.
“But yeah, the idea of ‘soak the rich,’ billionaire tears that fill that cup — screw you, Elizabeth Warren. You’re everything that’s wrong with politics,” Cuban added.
Cuban’s remarks at the conference were broadcast on CNBC and clipped by Mediaite.
The Post has reached out to Warren’s office for comment on Cuban’s remarks.
Warren unveiled her idea for a so-called “ultra-millionaire tax” during her failed bid for the Democratic presidential nomination ahead of the 2020 election. The plan, which is still available on her website, calls for the creation of a tax that would apply only to households with a net worth of $50 million or more.
Warren has frequently clashed with billionaires, including Musk and Jeff Bezos, while calling for a tax crackdown on the wealthy.
Cuban previously ripped Warren during an October 2021 appearance on Fox Business Network while discussing calls by some Democrats for a new tax for unrealized gains on investments. The “Shark Tank” star and owner of the NBA’s Dallas Mavericks described the proposal as a “disaster.”
“I don’t think Elizabeth Warren knows at all what she’s talking about when she deals with this,” Cuban said at the time. “I think she just likes to demonize people that are wealthy and that’s fine.”
“It’s a great political move for her, but I just don’t think that they really understand the implications of taxing unrealized gains,” he continued.
Days after those remarks, Warren fired back at Cuban during an appearance on MSNBC’s “Mehdi Hasan Show.”
“Mark Cuban’s problem is not that I don’t know what I’m talking about,” Warren said. “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 added.
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