Billionaire investor Mark Cuban cautioned that Democrat presidential nominee Kamala Harris’ proposed tax plan might severely impact the stock market during a recent appearance on CNBC’s “Squawk Box,” The Daily Caller reported.
Cuban warned that Harris’ plan to raise capital gains tax could have detrimental effects on the stock market, potentially leading to long-term consequences for the U.S. economy.
“If you tax unrealized gains, you’re going to kill the stock market,” Cuban said.
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