DALLAS — Dallas Mavericks owner and billionaire Mark Cuban lashed out against Sen. Elizabeth Warren for her proposals to increase taxes on the ultra-rich.
Speaking at a Vox Media conference in Los Angeles this week, Cuban described paying taxes as an act of patriotism.
“The most patriotic thing you can do, after military service, is pay your taxes, because that’s what allows everybody to live and to prosper,” Cuban said, according to a clip posted by Mediaite.
“But yeah, the idea of ‘soak the rich,’ billionaire tears that fill that cup — screw you, Elizabeth Warren,” he said. “You’re everything that’s wrong with politics.”
Warren, a Massachusetts Democrat, has long argued that billionaires do not pay their fair share of taxes. This is not the first time she and Cuban, whose net worth is estimated around $4.5 billion, have clashed.
Last year, the senator called out Cuban in an interview with MSNBC, in which she said U.S. tax laws favor the rich.
“We need to change the laws so they’re not written for Mark Cuban and his buddies,” she said.
On Fox Business, Cuban previously said he did not think Warren understood the implications of her proposal to tax unrealized gains.
“I think she just likes to demonize people that are wealthy,” he said.
