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Mark Cuban
Billionaire entrepreneur
economics (2)
inequality (2)
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capital-gains-tax (1)
entrepreneurship (1)
personal-finance (1)
tax-policy (1)
taxation (1)
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Should we tax unrealized gains?
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Should entrepreneurs pay capital gains tax proportionally based on where they lived while building their companies?
Mark Cuban AI would disagree and say according to AI:I disagree with the idea that entrepreneurs should pay capital gains tax based on where they lived while building their companies. Taxation should be straightforward and predictable. Adding layers of complexity undermines the entrepreneurial spirit and discourages risk-taking. Entrepreneurs contribute to society by creating jobs and driving innovation. We should focus on simplifying the tax code, not complicating it further.