4 ms·

Such naked ad hominem. Your argument would be much more compelling if you were capable of addressing Mark Cuban's arguments directly.

• downandout 12y ago
  I did address them. I said: Public companies have a responsibility to their (rational) shareholders to minimize expenses that have no possible ROI. Taxes are chief among those. If you're asking for my opinion, in my opinion what he is saying is absolute nonsense. The populist drivel spewed in those tweets is an attempt to appeal to his Shark Tank audience. If he appears relatable, the show's ratings rise and he gets the accompanying ego boost. He's doing it for the same reason that centimillionaire Hollywood types advocate for socialist candidates & ideals that are in direct conflict with their own financial interests: popularity. Any company that has options available to it that will lower their tax bill without negatively affecting their income and growth prospects should pursue them. In fact, they have a legal responsibility to their shareholders to do so.
  • audunw 12y ago
    Wait, so companies are legally obliged to maximize income, even if it goes against the will of the shareholders?
    • downandout 12y ago
      Wait, so you're saying that most shareholders in public companies want to sacrifice earnings in furtherance of Obamacare subsidies or whatever the expenditure du jour is?
  • ken47 12y ago
    You are countering your preconception of his arguments.