IRS press releases, official statements, or news reports

Mark Cuban and Stammer_ai Pay $288M in Taxes, Funding Govt for 25 Min

Apr 15, 2024, 07:21 PM

Mark Cuban, the billionaire entrepreneur and Dallas Mavericks owner, has announced he will be paying a substantial tax bill of $275.9 million to the IRS. Cuban expressed pride in fulfilling his tax obligations, contrasting his actions with those of a 'certain former president,' indirectly referencing Donald Trump. He highlighted that his tax payment would fund the U.S. government operations for approximately 25 minutes. Cuban's statement underscores his belief in the importance of tax contributions, equating it to patriotic duty alongside military service. Additionally, Cuban and stammer_ai will be wiring a combined total of $288 million to the IRS. Cuban remarked, 'This country has done so much for me, I’m proud to pay my taxes every single year.'