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Mark Cuban is ‘proud to pay’ $275.9 million in taxes

Billionaire Mark Cuban says he's happy to pay the $275.9 million he owes in taxes for 2023.

"We only get to be entrepreneurs and enjoy the freedoms we have because of the men and women who dedicate their lives to protecting our country," he tells CNBC Make It. For example, if Cuban was in the highest tax bracket and filing as a single payer, that means he would owe $174,238.25 plus 37% of any income he earned above the $578,125 threshold. By paying taxes, wealthy entrepreneurs like himself are "helping support millions of Americans that are not as fortunate as you," he wrote in a 2011 blog post.

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