Marc Cuban Sends Grave Warning For Market Place If Harris Wins
In a shocking revelation, billionaire investor Mark Cuban has come out strongly against Democratic nominee Kamala Harris and her economic plan.Speaking on CNBC’s “Squawk Box,” Cuban declared that Harris’s proposal to raise the capital gains tax rate to 28% would “kill the stock market.”
Cuban, who initially endorsed Harris and is part of a group of over 800 venture capitalist investors and tech leaders, had this to say about Harris’s tax plan: “If you tax unrealized gains, you’re going to kill the stock market, right? And it’s going to be the ultimate employment plan for private equity because companies are not going to go public because you can get whipsawed, right?”
This startling revelation from Cuban highlights the potential catastrophic effects of Harris’s plan on American citizens and businesses.
He even shared a personal experience where his net worth was high, but his money in the bank was low due to unrealized gains. Under Harris’s plan, Cuban would have been forced to borrow money and potentially put his business at risk just to pay his tax bill.
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Her plans for the economy will have disastrous consequences, leading to job losses and economic instability. Marxists will never get it right in a capatalist society.
1 comment:
She is a drunken mess, what a sleazeball, she sold herself sex to move up, right up to the white house! She sold her soul to the devil!
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