Mark Cuban said 'only idiot' founders would stay in California under a wealth tax. We asked 3 founders if they'd leave.
Mark Cuban criticized a wealth tax proposal by saying startup founders would leave California if it passed. The disagreement involves whether the tax is practical policy or economically harmful, with Cuban arguing it would drive business away and a California representative defending the proposal.
7 across the spectrum. Choose a side on the bar to jump to it.
National story. 8 articles from 7 sources. Updated Aug 20, 2026.
Left
1 sourceMark Cuban said 'only idiot' founders would stay in California under a wealth tax. We asked 3 founders if they'd leave.
Center
1 sourceRight
5 sourcesMark Cuban Fired Back At Ro Khanna Over California’s Billionaire Tax
Mark Cuban Blasts Ro Khanna, Threatens California Investment Exodus Over Billionaire Tax [WATCH]
'That's Insane': Mark Cuban and Ro Khanna Had a Big Fight Over Wealth Taxes
Mark Cuban tells Ro Khanna 'you don't understand business,' threatens investment shift over billionaire tax
The story so far
3 developments- Aug 15Mark Cuban delivers brutal reality check on California billionaire tax: ‘Ideology is not a strategy’
- Aug 17Mark Cuban’s Arguments Against The Proposed 5% CA Wealth Tax
- Aug 20Mark Cuban said 'only idiot' founders would stay in California under a wealth tax. We asked 3 founders if they'd leave.
Who covered each development
No new developments
Quiet for 62 daysLast development · Aug 20 — Mark Cuban said 'only idiot' founders would stay in California under a wealth tax. We asked 3 founders if they'd leave.
The bigger story
This story is one of several related ones. Here's where it sits.