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HALO News Business Mark Cuban tells Ro Khanna 'you don't un...
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Mark Cuban tells Ro Khanna 'you don't understand business,' threatens investment shift over billionaire tax

Mark Cuban tells Ro Khanna 'you don't understand business,' threatens investment shift over billionaire tax

Mark Cuban told Rep. Ro Khanna, D-Calif., that he "doesn't understand business" during a heated clash over California's proposed 5% billionaire wealth tax, warning it could drive startup founders and investors out of the state.The exchange centered on California's Proposition 40, a controversial ballot measure that would impose a one-time 5% wealth tax on residents with more than $1 billion in assets.The measure has been endorsed by the California Democratic Party, while some notable leaders, including Gov. Gavin Newsom, have expressed opposition.In a video posted on X on Saturday, Khanna made...

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