Mark Cuban, owner of the Dallas Mavericks, said wealthy Americans should pay “lots of taxes” in a post on his blog on Monday.
Titled “The Most Patriotic Thing You Can Do,” the post told readers that wealthy Americans should “do something positive” with their money by hiring, training and paying employees and spending money on rent, equipment and services.
“I donât care what anyone says. Being rich is a good thing,” Cuban wrote. “Not just in the obvious sense of benefiting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make the more of a financial impact you can have.”
Cuban — who has a net worth of $2.5 billion — encouraged his readers to “get out there and make a boatload of money” and “enjoy the shit out your money” knowing that making more and paying higher taxes would help others.
So be Patriotic. Go out there and get rich. Get so obnoxiously rich that when that tax bill comes , your first thought will be to choke on how big a check you have to write. Your 2nd thought will be âwhat a great problem to haveâ, and your 3rd should be a recognition that in paying your taxes you are helping to support millions of Americans that are not as fortunate as you.
Cuban’s post came in the wake of Rep. John Fleming’s (R-La.) suggestion that he couldn’t afford a tax hike because he had only “maybe $400,000 left over” from his $6.3 million in business profits. Fleming said that he opposed Obama’s plan to tax the wealthy during an appearance on MSNBC.