Billionaire entrepreneur Mark Cuban didn’t hold back in a public squabble with Rep. Ro Khanna about the proposed wealth taxes in California—cracking open a feud between one of the wealthiest Democratic Party supporters and the left wing of the party. The two sparred over a proposed wealth tax that would ask the state’s richest residents to hand over billions of dollars to fund health care and other public programs.
Cuban, long a self-identified “libertarian at heart,” has been more closely affiliated with Democrats in recent years, as a high-profile surrogate for Kamala Harris in the 2024 presidential race and endorsing Hillary Clinton in 2016. However, the born-and-raised Pittsburgh native turned adoptive Texan has always remained staunch on his stance on wealth taxes: against.
