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Mark Cuban Schools Communist Ro Khanna on the Billionaire Tax
New York Post ^ | Aug. 16, 2026

Posted on 08/17/2026 5:01:49 PM PDT by nickcarraway

Mark Cuban just schooled California representative Ro Khanna on why the “billionaire tax” is such a bad idea. It’s a timely lesson as Google’s Eric Schmidt and Sergey Brin can’t seem to agree on how to make the case against the tax, also known as Proposition 40.

In a revealing exchange on X, the billionaire “Shark Tank” tycoon pointed out that if tech entrepreneurs have to hand over 5% of their wealth anytime their startup companies go public, they will all leave California.

They won’t just leave to avoid paying taxes. They will leave because venture capital funds won’t even invest in their companies if they are California residents. Why would anyone invest in something that is a guaranteed 5% loss?

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: California
KEYWORDS: billionairetax; markcuban; rokhanna

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California was pro-business back when Reagan was governor. The VC system was developed in California. It's bad for the country if CA is bad for business.
1 posted on 08/17/2026 5:01:49 PM PDT by nickcarraway
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To: nickcarraway

Is this the same Mark Cuban that fully supported Hillary and sat behind her at the Democrat convention??


2 posted on 08/17/2026 5:07:48 PM PDT by Clay Moore (My pistol identifies as a cordless hole punch. )
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To: nickcarraway

Serves Cuban right for all the crap he says about Trump.


3 posted on 08/17/2026 5:08:18 PM PDT by Prince of Space (I cannot hate the media enough!)
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To: Prince of Space

Mark teamed up on Trump Rx and supports Trumps attempts to bring drug manufacturing back to US soil


4 posted on 08/17/2026 5:14:14 PM PDT by griswold3 (Truth, Beauty and Goodness)
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To: nickcarraway

Communists have no idea how business works.


5 posted on 08/17/2026 5:14:26 PM PDT by bray (Thank God for Israel)
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To: nickcarraway

"VC system" ?

6 posted on 08/17/2026 5:16:33 PM PDT by deks (America cannot be made great in complete isolation from the adversaries that are harming Americans)
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To: bray

They don’t care.
Making barbarism great again… communist Muslim Michigan Senate candidate Abdul El-Sayed let the head out of the bag, sharing his idea of what victory would look like against his opponent. “You put one ogre on a pike, and then everyone else gets the message, and all of a sudden starts to sound a lot different,” Says El-Sayed.
Of course he tried to deflect criticism of this statement by claiming it was pertaining to Fetterman.


7 posted on 08/17/2026 5:25:36 PM PDT by griswold3 (Truth, Beauty and Goodness)
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To: nickcarraway

What Cuban doesn’t, or refuses, to understand is that if the DSA does take over they don’t need him, George Soros or any of the rest of them. Because the DSA is going to be in charge of the most powerful military in the world, there will be no place to hide themselves and their money. They will be hunted down like Stalin did to Trotsky.


8 posted on 08/17/2026 5:26:13 PM PDT by MCF (If my home can't be my Castle, then it will be my Alamo om om)
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To: MCF

He’s still a democrat.


9 posted on 08/17/2026 5:34:52 PM PDT by DIRTYSECRET
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To: MCF

100%. He thinks that the alligator will eat him last.


10 posted on 08/17/2026 5:38:30 PM PDT by nickcarraway
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To: DIRTYSECRET

I’m starting to think Cuban’s friends in the Democrat Party are no longer running things. He’s in for a few more surprises.


11 posted on 08/17/2026 5:41:16 PM PDT by Repealthe17thAmendment
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To: Clay Moore

“Mark Cuban Schools Communist Ro Khanna on the Billionaire Tax”

Communist Mark Cuban Schools Communist Ro Khanna on the Billionaire Tax


12 posted on 08/17/2026 5:44:06 PM PDT by Bonemaker (invictus maneo )
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To: nickcarraway
Mark is an ‘old Bolshevik’ to these types. He was useful for a bit, but now they'll destroy him. Oh well!
13 posted on 08/17/2026 5:45:39 PM PDT by Polanski
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To: nickcarraway

Did you hear the one about two idiots entered a chat?...


14 posted on 08/17/2026 5:47:51 PM PDT by Bullish (My tagline ran off with another man, but it's okay... I wasn't married to it.)
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To: nickcarraway

The California job market was truly booming when Reagan was president in the 80s. It was truly amazing. I worked here during it and could literally pick and choose where I wanted to work and got hired everywhere I applied, every time. It felt like it could never end, but democrats made sure it did.


15 posted on 08/17/2026 5:51:36 PM PDT by Bullish (My tagline ran off with another man, but it's okay... I wasn't married to it.)
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To: Clay Moore

Exactly. Cuban and his buddies have been funding these commies for decades and all of a sudden they get religion?

Start talking the talk or stop whining. Hypocrites.


16 posted on 08/17/2026 6:24:10 PM PDT by KingofZion
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To: nickcarraway
Frog Dude has been giving Communist Scorpions a ride on his back for decades and they finally stung him.

Maybe he'll learn the same lesson Ronald Reagan learned. Time will tell.

17 posted on 08/17/2026 6:25:02 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. )
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To: All

In Related News:

The Fox explains to the Weasel why the Weasels shouldn’t raid the chicken coop.


18 posted on 08/17/2026 9:36:06 PM PDT by LegendHasIt
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