Billionaire investor Mark Cuban’s hot take on former President Donald Trump being a “socialist” left even CNN’s Jake Tapper momentarily flummoxed.
In an appearance on “The Lead,” the minority owner of the Dallas Mavericks insisted that Trump’s policy proposals are in line with those made by Independent Senator Bernie Sanders.
In a campaign press call for Vice President Kamala Harris on Tuesday, Cuban depicted the Democrat nominee as the moderate choice in the coming election, characterizing Trump as more of a socialist than far-left Sanders.
“Literally, Bernie Sanders suggested a cap of only 15 percent. So 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 his socialist and communistic tendencies,” he reportedly said.
Tapper asked him about the head-scratching comparison during his CNN appearance.
(Video Credit: CNN)
“Well, it was a race for socialism, right?” Cuban responded.
“Bernie said that credit card companies should cap their interest rates at 15%. Donald Trump, being the socialist that he is, had to beat Bernie,” Cuban reasoned.
“So Donald Trump went out and recommended that interest rate caps be set to 10%. That I mean, the fact that he’s even suggesting price controls and price caps is socialism 101,” the “Shark Tank: investor declared.
“You haven’t heard that from the vice president. You have heard that from Donald Trump,” he claimed.
Tapper pushed back asking how the billionaire would “interpret” Harris’s own policy proposals which many call out as price controls and overreach.
Cuban argued that “taking on price gouging is not price controls.”
“She’s not saying what the price of tomatoes should be. What she’s saying is when there’s a crisis – and there will be other crises… she wants to be in a position to be able to say, no, you can’t jack up those prices by 40%. You have to stay within a particular realm, a particular, guideline.”
He went on to call Trump the “king of price caps.”
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
Frieda@bizpacreview.com
Originally from New York, Powers graduated from New York University and eventually made her way to sunny South Florida where she has been writing for the BizPacReview team since 2015.
- 221 DEAD people received federal housing aid in Colorado— Trump admin. demands answers - December 18, 2025
- Cruise Line official pushes back on ‘nonsense’ drink package limit - December 18, 2025
- Border Patrol Chief and progressive mayor clash during street confrontation - December 18, 2025
Comment
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.
BPR INSIDER COMMENTS
Scroll down for non-member comments or join our insider conversations by becoming a member. We'd love to have you!
