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Mark Cuban Asked Why Things Went Wrong With Trump: ‘Lousy President’

Mark Cuban Asked Why Things Went Wrong With Trump: ‘Lousy President’

Billionaire investor Mark Cuban has revealed why he stopped supporting former President Donald Trump in 2016 and what ultimately led to his support for Vice President Kamala Harris in the 2024 presidential race.

In an interview Friday with FOX Business’ Neil Cavuto, Cuban was asked “what went wrong” in his personal and professional relationship with the 45th president.

“I don’t think everything went wrong. I mean, if he wants to go out to dinner, he wants to go out for drinks one night. He won’t drink, I’ll drink. You know, we’re hanging out. He’s funny. He’s a wonderful person, he’s charismatic, but I think he’s been a lousy president before, I think he’ll be an even worse president this time,” Cuban said. “Cavuto: Coast to Coast.”

“And it has nothing to do with personality,” he added. “It has a lot to do with ability.”

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A famous entrepreneur took an outspoken position in his support of Harriswhile Trump frequently publicly criticized the investor at Truth Social, calling Cuban a “loser” and becoming a “fraud” for allegedly not returning Trump’s phone calls in his first term.

Mark Cuban says he no longer supports Trump

Mark Cuban told FOX Business’ Neil Cavuto that Trump has lost his “ability to focus.” (FOXBusiness)

“I don’t care. He keeps increasing his rhetoric. That’s who he is. He wants to sow division, he wants to humiliate,” Cuban responded.

“But overall it doesn’t matter,” he continued. “And I’m not participating. But the fact that he gets excited and finds the need to get back at me speaks to his ability to focus, speaks to how much time he spends on politics and trying to learn something. “

“And that was really the reason why I stopped supporting him back in 2016, because the more I talked to him about politics, the less engaged he was. The more I asked him what he learned, he always got no answer. . You can’t find the time to say, “Wow, that was a really nuanced position and conversation with Donald Trump about this or that policy.” It’s always just bullet points and quotes, no depth, so he has to resort to “Truth in Social Media” posts.

Cuban further argued that Harris ran a compelling campaign that was “easier to sell” to voters.

“We’ve all had to deal with people who are just consistent, relentless salesmen. They are simply unforgiving. And the content really didn’t matter to them. They will just bother the hell out of you. This is Donald. Trump,” he said. “But the good news is Kamala has a better product.”

In an earlier radio interview on Friday morning with Brian Kilmeade of Fox NewsCuban touted Harris’ tax plan, railing against inflation concerns and a hotly contested tax on unrealized capital gains.

“Inflation really started back in April 2020, when, remember, at the very beginning of the pandemic, when there were all the lockdowns, and the price of gasoline everywhere was $1.85, and prices seemed to be going lower at that moment. The oil companies went to Donald Trump, who was president at the time, and said, ‘Look, it’s unacceptable for us to have oil prices this low,'” Cuban told Kilmeade.

“She said there would be no tax increase for those making less than $400,000. And for 100 million of those people, taxes will go down,” he commented on Harris’ tax proposals. “Joe Biden wanted to raise the capital gains tax. She chose 28%. As far as unrealized capital gains are concerned, I’m telling you… it’s not going to happen.”

He shared the same point with Cavuto: “What she doesn’t do is she’s not going to tax the unrealized capital gains. It was in Joe Biden’s budget. This was never, ever suggested. It was wrong when he put it there. It’s still wrong. That’s not going to happen… She said she was raising the capital gains tax to 28%. I can live with that. It won’t change anyone’s behavior… It’s not a tax on investments. get it once you reach a certain threshold.”

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When asked whether he would take a Cabinet position offered by a potential Harris-Waltz administration, Cuban flatly declined.

“I don’t want this. I don’t want to work for the government,” the billionaire said. “I think I can have a bigger impact on healthcare in general… and just do what I do as an entrepreneur and a CEO rather than working for the government.”

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