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Cuban says he ignored notes from Harris campaign

Billionaire investor Mark Cuban said he ignored a memo given to him by Vice President Harris' campaign while campaigning on his behalf.

“I go to immigration and, to be honest, I don't care what the Harris campaign says. They try to give me a memo and I'm like, 'I don't care.' That's what I'm saying,” Cuban said during a Thursday appearance on comedian Jon Stewart's podcast, “The Weekly Show.”

One of the few areas in which the Cuban president publicly broke with Harris during the campaign was over a proposal to impose a 25% minimum tax on gross income over $100 million, including unrealized gains on unsold assets. Ta.

Appearing on Stewart's podcast, Cuban suggested that the Harris campaign privately agreed with his criticism of the idea, which is part of President Biden's 2025 budget proposal.

“I talked a lot about unrealized gains. And when I first got out there, I said that's ridiculous, and I went back and talked to them and said, “I don't hear you guys challenging me.'' It wasn't like that at all, and they were like, well, you're saying what we want to say, but we can't say it, so I kept doing it,” Cuban said. said.

“So I took it as an acknowledgment of the property and followed it, so that was one area,” he added.

Mr. Cuban was one of the most high-profile campaign surrogates, especially from the business community, traveling the country promoting Harris' economic proposals. Mr. Cuban was harshly critical of his rival, President-elect Trump, but congratulated the Republican candidate on his general election victory and fellow billionaire Elon Musk, Mr. Trump's main supporter.

Mr. Cuban also told Mr. Stewart during the episode that Gary Gensler, the U.S. Securities and Exchange Commission (SEC) chairman who is retiring next month, would be detrimental to gaining support among young men and ultimately He also said he warned the Harris campaign that it could contribute to a loss of support. 2024 presidential election.

The billionaire pointed to Gensler's skepticism towards cryptocurrencies and his fractious relationship with the industry.

“And I said it directly to Gary Gensler, I said it to Kamala, I said it to her team, that Gary Gensler could cost her the election, and when you look at the numbers. , we need to have a discussion. A lot of young people voted against Kamala Harris, and I think that has a lot to do with cryptocurrencies,” Cuban said.

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