Mark Cuban on the Harris Tax Plan 9/5/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 5 September 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Investor and entrepreneur Mark Cuban discusses VP Kamala Harris’ new tax proposal: a 28% capital gains tax. Based on his conversations with the Harris campaign, Cuban explains his faith in her policy’s benefit for entrepreneurs and investors. Nvidia is denying reports that it had received a subpoena from the Department of Justice, Verizon is buying Frontier Communications in a $20B deal, and the White House is reportedly aiming to block Nippon Steel’s takeover of U.S. Steel. Plus, the co-founder of Airbnb Joe Gebbia has founded a new housing company with former CEO of Flex, Mike McNamara. The two share how their “Accessory Dwelling Units” are addressing the housing crisis in California, and how the small installable homes are offering more space and income for owners. Robert Frank - 11:41 Mark Cuban - 17:41 Joe Gebbia & Mike McNamara - 39:17 In this episode: Mark Cuban, @mcuban Robert Frank, @robtfrank Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer, today on Squack Pod.
0:09.0	Mark Cuban, entrepreneur and investor weighing in on Kamala Harris's race for the White House.
0:14.4	I told her team, look, put my name in for the SEC. It needs to change.
0:18.0	And the taxing issues grabbing attention even as the details are still coming together.
0:24.3	It takes a lot more than the 40 days that she's been in this position to turn things around.
0:30.4	It's not like we've heard the Starbucks new CEO come out with every plan, you know, instead everything that they're going to do.
0:36.6	It takes time to pull these pieces together.
0:38.6	And Airbnb co-founder Joe Jebia's new gig building tiny houses.
0:44.1	The Casita, a granny flat, a backyard home, a guest house.
0:48.1	Will it solve the housing affordability crisis?
0:51.6	Plus, Invidia knocking down rumors, the steel deal that may not happen.
0:56.0	And just what economic issues will change voters' minds.
0:59.6	61 days till election day.
1:01.8	You could tell me just about anything would happen
1:03.4	and I would believe that at this point.
1:05.6	It's Thursday, September 5th.
1:07.4	Squack-Pod begins right now.
1:09.8	Stand Becky by in three, two, 1, Q, please.
1:15.0	Good morning everybody.
1:16.0	Welcome to Squackbox right here on CNBC.
1:18.7	We're live from the NASDAQ Market site in Times Square.
	...

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