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Mark Cuban shares his 9-figure tax bill on IRS due day

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Billionaire entrepreneur Mark Cuban has revealed how much he owes in taxes to the IRS. 

Cuban has to pay a total of $275,900,000, according to a social media post from Monday. Cuban had shared a $288,000,000 estimate on Sunday, after being asked by a writer if he or his “corporations pay more than the required taxes in order to pay your fair share.” 

Cuban replied that he pays what he owes. “This country has done so much for me, I’m proud to pay my taxes every single year,” Cuban said in a Sunday social media post. “Tag a former president that you know doesn’t.”

He did not specify which president he was referring to.

In his Monday update, Cuban said while he doesn’t expect all of his tax money to be used wisely, he’s proud to give back to the country. 

Mark Cuban
Mark Cuban at the SXSW 2024 Conference and Festivals on March 10, 2024, in Austin, Texas. 

Amanda Stronza/SXSW Conference & Festivals via Getty Images


“I’ve said it for years. After military service, paying your taxes is the most patriotic thing we can do,” he wrote. 

Cuban is worth $5.4 billion, according to an estimate by Forbes. 

In another post, the Dallas Mavericks owner and “Shark Tank” investor said that he used to use his tax refund for his savings account, then started investing everything he had in his business. 

“Then as I got some money I bought tax free bonds to save on taxes,” Cuban said. “I still do that. I also located and funded a company in an opportunity zone. That saved me taxes but you have to spend 2x that amount on the business.”

The deadline to file taxes is Monday. Returns are due by 11:59 p.m. in your time zone, with some exceptions. Taxpayers can request an extension

Cuban warned people to be careful with their taxes. 

“I always get audited, it’s not worth the risk to try some of the schemes that are out there,” he said. 





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Passenger lands small plane after pilot experiences medical emergency

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Heat may be factor in several plane crashes


Heat may be factor in multiple small plane crashes over weekend

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A passenger successfully landed a small plane on Friday after the pilot had a medical emergency, the Federal Aviation Administration said. 

The twin-engine Beechcraft King Air 90 was traveling from Henderson Executive Airport in Las Vegas, Nevada to Monterey Regional Airport in California, with a pilot and one other person on board, the FAA said. 

The pilot suffered an unspecified medical emergency while flying, the FAA said, forcing the passenger to take the controls and make an emergency landing at Meadows Field Airport in Bakersfield, California. 

The Kern Fire Department told CBS News affiliate KBAX that firefighters were called to a report of a medical emergency on the plane. The pilot was reported to be “incapacitated,” the fire department said. Firefighters saw the plane approach and land safely, then “chased” the plane down the runway in emergency vehicles to meet it. 

The FAA did not release the passenger or pilot’s identities nor give an update on the pilot’s condition. The pilot was taken to an area hospital by ambulance. The passenger did not report any injuries. 

The FAA and the National Transportation Security Board will investigate the incident, the FAA said.



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Congo finally begins mpox vaccinations in a drive to slow outbreaks

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Congolese authorities began vaccination against mpox on Saturday, nearly two months after the disease outbreak that spread from Congo to several African countries and beyond was declared a global emergency by the World Health Organization.

The 265,000 doses donated to Congo by the European Union and the U.S. were rolled out in the eastern city of Goma in North Kivu province, where hospitals and health workers have been overstretched, struggling to contain the new and possibly more infectious strain of mpox.

Congo, with about 30,000 suspected mpox cases and 859 deaths, accounts for more than 80% of all the cases and 99% of all the deaths reported in Africa this year. All of the Central African nation’s 26 provinces have recorded mpox cases. Officials in Congo previously told CBS News that they’ve struggled to diagnose patients and provide basic care in the vast country of 100 million people, where a fragile, under-resourced healthcare system is also burdened by the stigma associated with the virus. 

Although most mpox infections and deaths recorded in Congo are in children under age 15, the doses being administered are only meant for adults and will be given to at-risk populations and front-line workers, Health Minister Roger Kamba said this week.

“Strategies have been put in place by the services in order to vaccinate all targeted personnel,” Muboyayi ChikayaI, the minister’s chief of staff, said as he kicked off the vaccination.

Congo Mpox
A health worker attends to an mpox patient, at a treatment center in Munigi, eastern Congo, Aug. 19, 2024.

Moses Sawasawa / AP


At least 3 million doses of the vaccine approved for use in children are expected from Japan in the coming days, Kamba said. 

Mpox, also known as monkeypox, had been spreading mostly undetected for years in Africa before the disease prompted the 2022 global outbreak that saw wealthy countries quickly respond with vaccines from their stockpiles while Africa received only a few doses despite pleas from its governments.

However, unlike the global outbreak in 2022 that was overwhelmingly focused on gay and bisexual men, mpox in Africa is now being spread via sexual transmission as well as through close contact among children, pregnant women and other vulnerable groups, Dr. Dimie Ogoina, the chair of WHO’s mpox emergency committee, recently told reporters. 

More than 34,000 suspected cases and 866 deaths from the virus have been recorded across 16 countries in Africa this year. That is a 200% increase compared to the same period last year, the Africa Centers for Disease Control and Prevention said. 

A lack of diagnostic materials and basic medicines to treat the virus, which can improve survival rates, have also hampered efforts to contain the outbreak, and access to vaccines remains a challenge.

Congo Mpox
A health worker attends to a mpox patient, at a treatment centre in Munigi, eastern Congo, Monday, Aug. 19, 2024.

Moses Sawasawa / AP


The continent of 1.4 billion people has only secured a commitment for 5.9 million doses of mpox vaccines, expected to be available from October through December, Dr. Jean Kaseya, head of the Africa CDC, told reporters last week. Congo remains a priority, he said.

At the vaccination drive in Goma, Dr Jean Bruno Kibunda, the WHO representative, warned that North Kivu province is at a risk of a major outbreak due to the “promiscuity observed in the camps” for displaced people, as one of the world’s biggest humanitarian crisis caused by armed violence unfolds there.

The news of the vaccination program brought relief to many in Congo, especially in hospitals that had been struggling to manage the outbreak. Doctors with several charities working in the country have told CBS News they’re overstretched and short on supplies, even having to use tents and mattresses on the floor of makeshift isolation wards to treat a constant influx of patients. 

“If everyone could be vaccinated, it would be even better to stop the spread of the disease,” said Dr. Musole Mulambamunva Robert, the medical director of Kavumu Hospital, one of the mpox treatment centers in eastern Congo.

Eastern Congo has been beset by conflict for years, with more than 100 armed groups vying for a foothold in the mineral-rich area near the border with Rwanda. Some have been accused of carrying out mass killings.



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Saturday Sessions: Marcus King performs “Save Me”

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Saturday Sessions: Marcus King performs “Save Me” – CBS News


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Grammy-nominated singer-songwriter Marcus King started playing guitar at eight. As a teen, he formed his own band and started performing. Now, he’s releasing his third critically acclaimed solo album. The personal project focuses on mental health and was produced by the legendary Rick Rubin. From “Mood Swings,” here is Marcus King with “Save Me.”

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