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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Mark Cuban, Kamala Harris, and Taxing Unrealized Gains

Image of green dollar sign tree losing some leaves.

Mark Cuban, of Shark Tank and Dallas Mavericks fame, recently endorsed Vice President Kamala Harris in her 2024 presidential bid. Given the former tech executive's history of touting political independence, this endorsement raised some eyebrows.

However, at a campaign event in Arizona, Cuban addressed the controversial topic of taxing unrealized gains. In recent years, proposals involving an unrealized gains tax have been floated in various Democratic proposals, most notably including President Biden’s FY2025 budget.

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