7 Days
Source:
Los Angeles Times
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Cuban criticizes Khanna's wealth tax plan
Mark Cuban criticized Congressman Ro Khanna’s proposal for the government to lend money to billionaires to pay wealth taxes, questioning the effectiveness of such a plan. Khanna supports a one-time 5% tax on California billionaires’ net worth, which has faced opposition from wealthy individuals and certain political figures. Cuban argued that the idea would deter entrepreneurship and cause startups to leave California, expressing strong opposition to the measure.
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