© 2024 WNIJ and WNIU
Northern Public Radio
801 N 1st St.
DeKalb, IL 60115
Northern Public Radio
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
WNIJ's summary of news items around our state.

Billionaire Mark Cuban Discusses Reforms He Would Tackle If He Enters National Politics

Chris Duffy

Billionaire entrepreneur, "Shark Tank" panelist, and Dallas Mavericks owner Mark Cuban discussed some political issues Thursday in Illinois that he might tackle if he went into national politics

Cuban previously remarked on CNBC that he was considering a presidential run as an independent. Although he remains coy about a final decision, he recently brought up several issues he thinks should be addressed. One suggestion is to re-define the second amendment.

“Specifically, explicitly, every American citizen has the right to own a gun. Pure and end of story. Two. The federal government may not confiscate anybody’s guns. Pure and end of story. Three. Each state, has the right to legislate as they see fit the purchase and ownership of guns," he said.

Another suggestion is using expanded employee stock options at private companies to narrow the income gap.

"Share of stock-- you don’t need a metal foundry," he said. "You don’t need a fab plant. You don’t have to negotiate anything. You don’t even have to sign a piece of paper anymore. Bam. A board of directors says we’re creating some stock or issuing some stock options to our employees, there’s no incremental cost.”

He also talked about corporate diversity, health care, and the rise of artificial intelligence.  Cuban spoke at Judson University in Elgin. He was the inaugural speaker in the World Leaders Forum Conversations series.

Related Stories