There’s another millionaire supporter of the so-called Buffett Tax. Dallas Mavericks owner Mark Cuban came out in favor of President Obama’s proposed deficit reduction plan on his blog, shooting down the argument that taxes are a disincentive for economic growth.
“So be Patriotic. Go out there and get rich,” he writes. “Get so obnoxiously rich that when that tax bill comes, your first thought will be to choke on how big a check you have to write. Your 2nd thought will be ‘what a great problem to have,’ and your 3rd should be a recognition that in paying your taxes you are helping to support millions of Americans that are not as fortunate as you.”