It’s no secret that billionaire entrepreneur Mark Cuban is not a fan of GOP presidential candidate Donald Trump. And in recent months, Cuban has had no problem calling Trump out, even questioning his claims of even being a billionaire. And Cuban took exception when Trump — during the presidential debate on Monday — said that his past maneuvering to get out of paying federal income taxes made him “smart.”
The Texas billionaire was disgusted by Trump’s overabundance of selfishness and serious deficit of civic responsibility.
“You have to realize that this is a country that’s been great to us and you can’t just take, take, take, take, take, take take,” said Cuban, who attended the debate as a guest of the Hillary Clinton campaign.
Cuban then went on to point out that he too faced IRS audits every year and freely admitted that he instructs his tax attorneys to “take advantage, do what the law recommends” where they can. But, he added, “I’m not against paying taxes.”
He then gave two examples of how he personally chose to pay more in taxes than was required instead of trying to nickel and dime the local government.
In one example, Cuban (who’s the owner of the NBA Dallas Mavericks franchise) decided against promoting a bidding war between North Texas cities when deciding where to build the new Mavericks practice facility. Instead of moving the facility to a surrounding suburb, Cuban decided to purchase 13-acres of land within Dallas’ Design District and pay the higher property taxes.
The Billionaire noted that he’d written a check to the Dallas general treasury when the city was having some issues a few years ago.
Cuban also shared the story of how he “wrote a million-dollar check” to the city of Dallas aimed at supporting the Dallas Police’s efforts to protect the LGBT community following the horrific Orlando mass shooting.
“I’m the luckiest guy in the world,” Cuban concluded. “At some point you have to recognize that you have to give back.”
— Stefan Becket (@becket) September 27, 2016