Billionaire investor Mark Cuban on Thursday insisted that Democratic presidential nominee Kamala Harris would not tax unrealized gains as president.
“Every conversation I’ve had is that it’s not going to happen,” Cuban said on CNBC’s “Squawk Box.”
Cuban, who says he speaks with Harris’ team frequently, maintained to CNBC that she is not interested in taxing unrealized gains.
He cautioned, “I’m not going to speak for the vice president, she makes the final decision.”
Still, “I’m talking to these folks three, four times a week, having back-and-forth conversations, and their verbatim words to me is, ‘That’s not where we want to go.'”
“We need to find alternative sources of revenue,” Cuban said Harris’ aides have told him, “and those alternative sources of revenue are meant to replace what the unearned income — the unrealized gains tax from the Biden plan would have implemented.”
Cuban is neither a Republican nor a Democrat, but he was one of more than 100 …