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Tue Sep 27, 2016, 01:57 PM

Mark Cuban slams Donald Trump: Not paying taxes is greedy, not ‘smart’

Mark Cuban slams Donald Trump: Not paying taxes is greedy, not ‘smart’

Cuban said he tells his tax lawyers to “take advantage” where they can, but added, “I’m not against paying taxes.”

The outspoken reality show star and sports owner gave two examples of how he’s made moves that saw him pay more than whatever bare minimum the law might require. First, he said he decided against seeking a bidding war for tax rebates when deciding where to build the new Mavs practice facility. Instead of moving the facility to a suburb, he settled on a 13-acre plot of land in Dallas’s Design District.

Cuban also said he voluntarily “wrote a million-dollar check” to the city to help Dallas police combat discrimination against the LGBT community in the area. He said he had been moved by the shootings at a gay nightclub in Orlando to take action.

“I’m the luckiest guy in the world,” Cuban concluded. “At some point you have to recognize that you have to give back.”


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Reply Mark Cuban slams Donald Trump: Not paying taxes is greedy, not ‘smart’ (Original post)
NYC Liberal Sep 2016 OP
Sunny05 Sep 2016 #1
joeybee12 Sep 2016 #2
neeksgeek Sep 2016 #3
Hortensis Sep 2016 #4

Response to NYC Liberal (Original post)

Tue Sep 27, 2016, 04:44 PM

1. K&R! Thank you for sharing. / nt

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Response to NYC Liberal (Original post)

Tue Sep 27, 2016, 04:47 PM

2. Unlike tRump, Cuban gives back, tRump lies and says he does..knr

 

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Response to NYC Liberal (Original post)

Tue Sep 27, 2016, 04:50 PM

3. I think it is smart to use legal tax deductions and credits, where you can.

It would be silly of me, for instance, to not use the student loan interest deduction, which I am allowed to claim.

However, it would be tax evasion to claim something that I wasn't due, or to seek to trick the system, just so I don't have to pay taxes. That's not smart, it's greedy, I agree 100%.

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Response to NYC Liberal (Original post)

Tue Sep 27, 2016, 04:55 PM

4. Trump considers take-take-taking what winners do.

Because they're winners who have the power.

The concept of "giving back" is probably literally something he does not understand, not just disagrees with.

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