Mark Cuban Blasts Ro Khanna for Wealth Tax Proposal

“Mark Cuban lashed out at Silicon Valley Congressman Ro Khanna over the Democratic lawmaker’s proposal that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes,” Bloomberg reports.

Said Cuban: “That’s insane. You want the state to loan money to the founder, who will then immediately give it back to the state as a wealth tax? Meaning the state has not received any incremental receipts? What’s the point of that?”