Billionaire Dallas Mavericks owner Mark Cuban has had it with Democratic lawmakers who want to confiscate most of his wealth and that of other well-to-do Americans so they can give it away to people who haven’t earned it in exchange for their undying love and votes.
The entrepreneur tore into far-left ‘soak the rich’ shills like Sen. Elizabeth Warren at this year’s Vox Media Code Conference in Los Angeles, according to reports and video.
Warren has long advocated for government theft of fortunes possessed by wealthy Americans, most of whom earned what they have accumulated as part of her “ultra-millionaire tax” proposals.
“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 prosper,” the “Shark Tank” co-host said at the conference.
However, there have to be some limitations, he went on.
“But the idea of just ‘Soak the rich, billionaire tears, billionaire tears fill that cup’ — screw you, Elizabeth Warren, you’re everything wrong with politics,” Cuban said.
Warren has been a fan of confiscatory taxes for years.
”For decades, the wealthy and the well-connected have put American government to work for their own narrow interests. As a result, a small group of families has taken a massive amount of the wealth American workers have produced, while America’s middle class has been hollowed out,” she writes online, according to BizPac Review.
“The result is an extreme concentration of wealth not seen in any other leading economy. The 400 richest Americans currently own more wealth than all Black households and a quarter of Latino households combined,” Warren added.
“I don’t think Elizabeth Warren knows at all what she’s talking about when she deals with this,” Cuban said during an appearance on Fox Business last year. “I think she just likes to demonize people that are wealthy and that’s fine.”
“Mark Cuban’s problem is not that I don’t know what I’m talking about,” Warren fired back during an MSNBC interview. “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,” Warren — sounding bitter and jealous — added.
Warren has also attacked billionaire Tesla and SpaceX founder and CEO Elon Musk over his vast fortune.
“Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,” she posted on Twitter after Musk was honored as Time’s Person of the Year.
Musk responded: “Stop projecting! You remind me of when I was a kid and my friend’s angry Mom would just randomly yell at everyone for no reason.”
You remind me of when I was a kid and my friend’s angry Mom would just randomly yell at everyone for no reason
— Elon Musk (@elonmusk) December 14, 2021