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Mark Cuban says Trump's proposed 200% tariff on John Deere would be a 'good way to destroy a legendary American company'
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- 5 months ago
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- fortune.com/2024/09/24/m...
I noticed that other account months ago... not sure if Musk is paying them or they do the simping for free.
The proposed limit is 100M net worth before it kicks in.
It would probably be phased in over 5-10 years and have zero affect on the stock market (i.e. no billionaire would need to dump large amounts all at once... Musk might do it because he likes to crash TSLA).
Some say a 'smarter' way to do might be to tax any holdings used as collateral for loans.