Billionaire Mark Cuban Explains Why He Thinks Kamala Harris Is A Better Choice Than Trump

Mark Cuban has emerged as a frontman for Kamala Harris’s presidential campaign, a billionaire investor turned the Democrats’ most prominent capitalist surrogate. Among his rivals? Musk and Ackman—both in Trump’s corner.

On Tuesday’s campaign press call, Cuban was primed and ready, offering his take ahead of Trump’s economic speech in Savannah, Georgia.

He kicked off his “What the Hell Is He Thinking?” list with Trump’s cap on credit interest rates, branding it as something even Bernie Sanders wouldn’t dream up doing.

“Bernie Sanders suggested a cap of only 15%, right? Now you’ve got Donald Trump getting involved in price caps and price controls to a greater extent than self-described socialist Bernie Sanders. And I think that just says so much about how far Donald has gone to, you know, his socialist and communistic tendencies, right?”

Cuban didn’t stop there. He accused Trump of making up policies on the fly, with his aides scrambling to justify. “That’s the even crazier part,” said Cuban.

Defending his support for Harris over Trump, Cuban argued the president’s inability to explain his own policies was telling. “He can never explain them for himself, and that’s just a feeling of his entire campaign. Whereas, with the vice president, she may not give the full list that everybody wants, but everything that she proposes and everything she puts into the public space is completely well thought out, and I think that is the greatest difference between the two.”

Cuban made it clear that he wants a president who “thinks before they speak.”

With six weeks until Election Day, polls show Trump leading on the economy, with voters finding him more competent than Harris in this critical area. The question now: Can Harris close the gap and position herself as the stronger candidate on economic policy?

Mark Cuban, however, argues the favorability trend works in Harris’s favor, cautioning against any hasty moves. “I think the trend is her friend,” said Cuban. “I mean, she’s obviously trending in the right direction, and so she’s doing something right. I think the mistake she would make is to try to rush everything.”

When asked to weigh in on proposals for the corporate tax rate—Trump vowing to cut it, Harris aiming to raise it—Cuban, as both businessman and investor, offered his perspective on how these plans might play out.

“Well, first, as an entrepreneur, I’ve never looked at my personal or corporate tax rates when I started a business. Either the idea has merit, and I think I can make it successful, or I don’t,” Cuban began.

“But more generally, I think you can’t just look at the tax rate, the corporate tax rate itself; you have to look at it in context.” He noted that Trump’s 10% tariff, especially for import-dependent companies, when combined with the existing 21% corporate tax rate, could create a total tax burden that surpasses the 28% rate proposed by Harris.

“When you combine the tariff plus the tax rate, Vice President Harris’s taxes end up being cheaper for any company that imports anything, which is most, almost every company.”

Mark Cuban also weighed in on Vice President Harris’s remarks about cryptocurrency made during a donor event in New York over the weekend. Harris stated that as president, she would “encourage innovative technologies like AI and digital assets while protecting our consumers and investors.” Cuban, known for his strong views on technology and finance, had his own perspective on how this approach might play out in the rapidly evolving world of digital currencies.

“To be brutally honest, the open sore is what happens at the SEC, and she hasn’t said anything in support of the SEC. So I take that as a positive,” Cuban praised Harris.

“In my conversations with people on the campaign, they’re very clear that they’re not fans of regulation through litigation, and she kind of alluded to that in her speech. So I think that’s a huge positive,” he added.

“I think she said very clearly that she is for advancing new technology in this country. And, you know, she wants us to continue to be a technological leader in AI, in crypto technologies, and more.”

Cuban addressed how he reconciles Vice President Harris’s criticism of Trump’s tariff-heavy policies with the Biden administration’s decision to maintain some Trump-era tariffs on Chinese goods. He argued that there’s nothing inherently wrong with strategic tariffs, citing their established use in sectors like electric vehicles.

“Strategic tariffs, always, they should always be looked at as a potential tool,” Cuban explained. “Where it turns into lunacy is when you do across-the-board tariffs. And so to say that we’re going to tariff 10% or 20% or 60% for China or any other country, that’s just inflationary, and that’s just the tax on the American people. That’s the sales tax, through and through,” he explained. Cuban shared his hope that strategic tariffs can be used “judiciously” to help companies that are manufacturing in America.

“Look, nothing— not 100% of everything that the Trump administration did was wrong, right? Maybe it’s 95%, but not 100%. Where there’s a situation like a strategic tariff that’s already been put in place, you know, it’s great to continue.”

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