5 months, 3 weeks ago

Mark Cuban Shows Democrats What They’ve Been Missing

It’s an instructive snapshot of why the Harris campaign has leaned into having the mischievous billionaire as a spokesperson: Cuban has both investor know-how and celebrity status that adds some pizzazz to her pitch for an “Opportunity Economy,” targeted especially at would-be entrepreneurs. So it’s really saying, ‘OK, let’s tax the buybacks and that’ll create a ton of revenue to reduce the deficit.’” Of course, Harris’ relationship with Cuban itself is also a revealing dynamic in her campaign, providing concrete evidence that she’s willing, as she says, to listen and engage with business leaders. And though he communicates daily with her campaign, he’s not always on message — suggesting Harris should not reappoint Federal Trade Commission Chair Lina Khan or criticizing a proposal to tax the ultrarich on wealth they’ve amassed from assets that have increased in value but haven’t been sold for cash yet. Though Cuban communicates daily with the Kamala Harris campaign, he’s not always on message — suggesting Harris should not reappoint FTC Chair Lina Khan, a position he’s since softened.

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