{"id":467955,"date":"2025-12-24T02:36:27","date_gmt":"2025-12-24T02:36:27","guid":{"rendered":"https:\/\/www.europesays.com\/us\/467955\/"},"modified":"2025-12-24T02:36:27","modified_gmt":"2025-12-24T02:36:27","slug":"billionaire-mark-cuban-says-name-and-shame-big-employers-who-pay-so-little-their-workers-get-medicaid-taxpayers-are-subsidizing-their-profits","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/467955\/","title":{"rendered":"Billionaire Mark Cuban Says &#8216;Name And Shame&#8217; Big Employers Who Pay So Little Their Workers Get Medicaid\u2014&#8217;Taxpayers Are Subsidizing&#8217; Their Profits"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">In June, <a href=\"https:\/\/www.benzinga.com\/personal-finance\/management\/25\/12\/49287413\/billionaire-mark-cuban-says-if-you-want-to-get-rich-give-things-up-drink-water-instead-of-coffee-eat-mac-cheese-not-mcdonalds-save-every-penny?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:self-made billionaire Mark Cuban;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">self-made billionaire <strong>Mark Cuban<\/strong><\/a> lit up X with a <a href=\"https:\/\/x.com\/mcuban\/status\/1938255643934130226?s=20\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:series of posts;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">series of posts<\/a> that didn&#8217;t call for sweeping legislation, but something simpler: accountability. &#8220;When a large employer pays so little that their full-time employees qualify for Medicaid, or any public assistance, we the taxpayers are effectively subsidizing that big company. That&#8217;s wrong,&#8221; he wrote.<\/p>\n<p class=\"yf-7hmkaz\">Cuban wasn&#8217;t pitching policy reform\u2014he was drawing a line between capitalism and corporate freeloading. &#8220;The best way to reduce the cost of Medicaid is to name and shame big employers that pay their full time employees so little, they qualify for Medicaid,&#8221; he said.<\/p>\n<p class=\"yf-7hmkaz\"><strong>Don&#8217;t Miss:<\/strong><\/p>\n<p class=\"yf-7hmkaz\">Someone tried to drag him into a political label. <a href=\"https:\/\/x.com\/mcuban\/status\/1938256197934559709?s=20\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Cuban pushed back;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Cuban pushed back<\/a>. &#8220;When did you stop understanding how capitalism and free markets work? I didn&#8217;t mention a word about policy change. If I knew which companies are costing taxpayers money, so they can make more money, I would stop doing business with them. That&#8217;s capitalism.&#8221;<\/p>\n<p class=\"yf-7hmkaz\">It&#8217;s not the first time Cuban has called out bloated systems. He launched Cost Plus Drugs in 2022 to lower prescription prices by <a href=\"https:\/\/www.benzinga.com\/personal-finance\/25\/02\/43435413\/mark-cubans-cost-plus-marketplace-now-sells-over-6000-medicines-saving-customers-between-40-60-by-cutting-out-the-middle-man?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:cutting out the middlemen;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">cutting out the middlemen<\/a>. He&#8217;s argued for transparency, not government handouts, and he&#8217;s applying the same thinking here: if companies pay workers so little that public programs have to close the gap, that&#8217;s not a free market\u2014it&#8217;s a subsidy disguised as payroll.<\/p>\n<p class=\"yf-7hmkaz\">The companies weren&#8217;t named in Cuban&#8217;s post, but <a href=\"https:\/\/x.com\/grok\/status\/1938256780448203229\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Grok;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Grok<\/a>, xAI&#8217;s assistant, listed several that often show up in Medicaid enrollment data: Walmart, McDonald&#8217;s, Amazon, Dollar Tree, Dollar General, Burger King, Wendy&#8217;s, Taco Bell, Home Depot, Lowe&#8217;s, Walgreens, CVS, and Uber. These are some of the most recognizable employers in the country, and in many states, they also happen to be the top sources of workers relying on Medicaid and SNAP.<\/p>\n<p class=\"yf-7hmkaz\"><strong>Trending: GM-Backed EnergyX Is Solving the Lithium Supply Crisis \u2014 <a href=\"https:\/\/www.benzinga.com\/money\/energyx-2?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Invest Before They Scale Global Production;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>Invest Before They Scale Global Production<\/strong><\/a><\/strong><\/p>\n<p class=\"yf-7hmkaz\">This isn&#8217;t just a one-off. According to the <a href=\"https:\/\/www.gao.gov\/assets\/d2145.pdf\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:U.S. Government Accountability Office;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">U.S. Government Accountability Office<\/a>, Walmart and McDonald&#8217;s were among the biggest employers of Medicaid recipients in multiple states as of 2020. Newer state-level <a href=\"https:\/\/www.dhs.nv.gov\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:data;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">data<\/a> shows <a href=\"https:\/\/nevadacurrent.com\/2025\/01\/06\/amazon-is-the-top-employer-of-nevada-medicaid-recipients-and-its-not-even-close\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Amazon now leads in Nevada;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Amazon now leads in Nevada<\/a>. In <a href=\"https:\/\/www.cnbc.com\/2020\/11\/19\/walmart-and-mcdonalds-among-top-employers-of-medicaid-and-food-stamp-beneficiaries.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:other states;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">other states<\/a>, Walmart, Publix, and McDonald&#8217;s remain on the list. The common theme? Workers clocking in full-time hours but still qualifying for public aid.<\/p>\n<p class=\"yf-7hmkaz\">Medicaid enrollment fell 7.6% in fiscal 2025, yet <a href=\"https:\/\/www.aha.org\/news\/headline\/2025-11-13-survey-finds-medicaid-enrollment-fell-fy-2025-expects-flattening-2026-while-spending-increases\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:spending still climbed 8.6%;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">spending still climbed 8.6%<\/a>, with states covering a larger share than ever. Budget negotiations in Congress are eyeing cuts of up to <a href=\"https:\/\/publichealth.berkeley.edu\/articles\/news\/commentary\/what-do-cuts-to-medicaid-really-mean\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:$1 trillion over the next decade;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">$1 trillion over the next decade<\/a>. But Cuban&#8217;s pointing the spotlight elsewhere\u2014on companies with strong earnings, investor payouts, and a long trail of low-wage employment.<\/p>\n<p class=\"yf-7hmkaz\">He&#8217;s not asking for legislation or penalties. He&#8217;s asking why anyone should keep doing business with employers that rely on public money to fill in the gaps. The message wasn&#8217;t about punishing success\u2014it was about calling out a system where success gets built on the backs of underpaid labor, then packaged as efficiency.<\/p>\n<p class=\"yf-7hmkaz\"><strong>See Also: <\/strong><strong>These five entrepreneurs are worth $223 billion \u2013<a href=\"https:\/\/www.benzinga.com\/money\/arrived-homes-private-credit-fund?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:they all believe in one platform that offers a 7-9% target yield with monthly dividends;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> <strong>they all believe in one platform that offers a 7-9% target yield with monthly dividends<\/strong><\/a><\/strong><\/p>\n<p class=\"yf-7hmkaz\">Some praised the stance, saying it forces a <a href=\"https:\/\/www.benzinga.com\/news\/topics\/25\/12\/49447547\/someone-told-mark-cuban-he-could-literally-end-world-hunger-without-affecting-his-net-worth-heres-what-he-answered?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:conversation that&#039;s long overdue;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">conversation that&#8217;s long overdue<\/a>. Others blamed politics, inflation, or immigration. Cuban didn&#8217;t respond to those points, but the post stayed up, and so did the numbers. Millions of views. Dozens of examples. One repeat question: if consumers knew which companies built their profits this way, would they still support them?<\/p>\n<p class=\"yf-7hmkaz\">Cuban&#8217;s answer is already public. &#8220;I would stop doing business with them,&#8221; he said.<\/p>\n<p class=\"yf-7hmkaz\"><strong>Read Next: From Moxy Hotels to $12B in Real Estate \u2014 <a href=\"https:\/\/www.benzinga.com\/money\/lightstone?nid=49574664&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:The Firm Behind NYC&#039;s Trendiest Properties Is Letting Individual Investors In.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>The Firm Behind NYC&#8217;s Trendiest Properties Is Letting Individual Investors In.<\/strong><\/a><\/strong><\/p>\n<p class=\"yf-7hmkaz\"><strong>Image: Shutterstock<\/strong><\/p>\n<p class=\"yf-7hmkaz\">Up Next: Transform your trading with Benzinga Edge&#8217;s one-of-a-kind market trade ideas and tools. <a href=\"https:\/\/www.benzinga.com\/premium\/ideas\/benzinga-edge-checkout\/?t=be8be9spja3yaad1&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Click now to access unique insights;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>Click now to access unique insights<\/strong><\/a> that can set you ahead in today&#8217;s competitive market.<\/p>\n<p class=\"yf-7hmkaz\">Get the latest stock analysis from Benzinga:<\/p>\n<p class=\"yf-7hmkaz\">This article <a href=\"https:\/\/www.benzinga.com\/news\/topics\/25\/12\/49574664\/billionaire-mark-cuban-says-name-and-shame-big-employers-who-pay-so-little-their-workers-get-medicaid-taxpayers-are-subsidizing-their-profits\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Billionaire Mark Cuban Says &#039;Name And Shame&#039; Big Employers Who Pay So Little Their Workers Get Medicaid\u2014&#039;Taxpayers Are Subsidizing&#039; Their Profits;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Billionaire Mark Cuban Says &#8216;Name And Shame&#8217; Big Employers Who Pay So Little Their Workers Get Medicaid\u2014&#8217;Taxpayers Are Subsidizing&#8217; Their Profits<\/a> originally appeared on <a href=\"https:\/\/www.benzinga.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Benzinga.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Benzinga.com<\/a><\/p>\n<p class=\"yf-7hmkaz\">\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"In June, self-made billionaire Mark Cuban lit up X with a series of posts that didn&#8217;t call for&hellip;\n","protected":false},"author":3,"featured_media":467956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,26878,3170,30291,67,132,68,11588],"class_list":{"0":"post-467955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-mark-cuban","10":"tag-medicaid","11":"tag-public-assistance","12":"tag-united-states","13":"tag-unitedstates","14":"tag-us","15":"tag-walmart"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115772219983577801","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/467955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=467955"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/467955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/467956"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=467955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=467955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=467955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}