Mark Cuban & DC’s “Good Idea” for Shareholders 8/12/22

As the House prepares for a vote on the Inflation Reduction Act, Representative French Hill (R-AR) discusses the pivotal 15% tax on large corporations as well as the 1% excise tax on corporate buybacks. While Rep. Hill will likely vote against the legislation in part because of these proposed changes to the tax code, billionaire investor Mark Cuban calls into the show with a different perspective. For ordinary investors and for companies, the Mavericks owner and entrepreneur says, “Dividends become a better way of putting money in your shareholder's pockets."

 

In this episode:

Mark Cuban, @mcuban

Rep. French Hill, @RepFrenchHill

Melissa Lee: @MelissaLeeCNBC

Brian Sullivan, @SullyCNBC

Katie Kramer: @Kramer_Katie