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Mark Cuban Calls Elizabeth Warren's Wealth Tax Plan 'Unrealistic'

Credit: Wibbitz Studio
Published on November 11, 2019 - Duration: 01:29s

Mark Cuban Calls Elizabeth Warren's Wealth Tax Plan 'Unrealistic'

Mark Cuban Calls Elizabeth Warren's Wealth Tax Plan 'Unrealistic'.

The 2020 candidate's strategy sees households worth over $1 billion take on a six percent tax increase for every dollar.

The Dallas Mavericks owner is one of a few U.S. billionaires to publicly denounce the policy.

In multiple tweets, Cuban said he is fine with paying more taxes, but is not a supporter of Warren's plan.

"She is selling shiny objects to divert attention from reality.

Haven't we had enough of that from @realDonaldTrump?" - Mark Cuban, via Twitter.

The Massachusetts senator has said her wealth tax will help pay for policies such as "Medicare for All.".

Cuban doesn't seem convinced, saying Warren is "misleading the public.".

"The chances of getting all the necessary line items she needs for M4All approved within 4 years are nearly impossible." - Mark Cuban, via Twitter.

He also said it is a way for Warren to keep attention away from her own finances.

The Democratic senator's net worth is reportedly around $12 million.

"The reality for @ewarren is that this is as much to divert attention from her income and net worth as anything else." - Mark Cuban, via Twitter

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