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2016 Postmortem
Related: About this forumMark Cuban slams Donald Trump: Not paying taxes is greedy, not ‘smart’
Mark Cuban slams Donald Trump: Not paying taxes is greedy, not smartCuban said he tells his tax lawyers to take advantage where they can, but added, Im not against paying taxes.
The outspoken reality show star and sports owner gave two examples of how hes made moves that saw him pay more than whatever bare minimum the law might require. First, he said he decided against seeking a bidding war for tax rebates when deciding where to build the new Mavs practice facility. Instead of moving the facility to a suburb, he settled on a 13-acre plot of land in Dallass Design District.
Cuban also said he voluntarily wrote a million-dollar check to the city to help Dallas police combat discrimination against the LGBT community in the area. He said he had been moved by the shootings at a gay nightclub in Orlando to take action.
Im the luckiest guy in the world, Cuban concluded. At some point you have to recognize that you have to give back.
The outspoken reality show star and sports owner gave two examples of how hes made moves that saw him pay more than whatever bare minimum the law might require. First, he said he decided against seeking a bidding war for tax rebates when deciding where to build the new Mavs practice facility. Instead of moving the facility to a suburb, he settled on a 13-acre plot of land in Dallass Design District.
Cuban also said he voluntarily wrote a million-dollar check to the city to help Dallas police combat discrimination against the LGBT community in the area. He said he had been moved by the shootings at a gay nightclub in Orlando to take action.
Im the luckiest guy in the world, Cuban concluded. At some point you have to recognize that you have to give back.
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Mark Cuban slams Donald Trump: Not paying taxes is greedy, not ‘smart’ (Original Post)
NYC Liberal
Sep 2016
OP
Sunny05
(865 posts)1. K&R! Thank you for sharing. / nt
joeybee12
(56,177 posts)2. Unlike tRump, Cuban gives back, tRump lies and says he does..knr
neeksgeek
(1,214 posts)3. I think it is smart to use legal tax deductions and credits, where you can.
It would be silly of me, for instance, to not use the student loan interest deduction, which I am allowed to claim.
However, it would be tax evasion to claim something that I wasn't due, or to seek to trick the system, just so I don't have to pay taxes. That's not smart, it's greedy, I agree 100%.
Hortensis
(58,785 posts)4. Trump considers take-take-taking what winners do.
Because they're winners who have the power.
The concept of "giving back" is probably literally something he does not understand, not just disagrees with.