Alt Tech

brandonl

Member
Joined
Jul 17, 2020
Messages
173
Thanked
64
Location
Guelph, Ont, Canada
Elon Musk exploits tax loopholes and such and pays a very small % to taxes and the US government allows this to protect the wealthy elite. He's not paying over half his wealth every every to taxes. And the person you are referring to (Pocahontas) was Elizabeth Warren.
 
  • Thanks
Reactions: Hot Tuna

jetflag

Elite Member
Joined
Jul 17, 2020
Messages
1,073
Thanked
821
Elon Musk exploits tax loopholes and such and pays a very small % to taxes and the US government allows this to protect the wealthy elite. He's not paying over half his wealth every every to taxes. And the person you are referring to (Pocahontas) was Elizabeth Warren.
Elon musk is required to pay tax over his personal wealth, not the profit from his company, who's invested back into it/payed back to share holders. Its not his money. Thats not a "tax" loophole. A tax loophole is when you "officially" have your business on the caymans, And this year he pays billions via his own share sells.

So for a lying corrupt politician like Warren to then complain about "not paying enough tax" whilst she and her taxpayer money funded millionaire new york mansion literally are completely exempt from all taxes is the absolute height of Hypocrisy.

Musk is a major asset to humanity and earth through sheer hard work. Warren is a political Karen whining about not being given enough whilst bathing in luxury.
 
  • Thanks
Reactions: Br8k L3gnd

Br8k L3gnd

Member
Joined
Nov 30, 2021
Messages
148
Thanked
127
Elon Musk exploits tax loopholes and such and pays a very small % to taxes and the US government allows this to protect the wealthy elite. He's not paying over half his wealth every every to taxes. And the person you are referring to (Pocahontas) was Elizabeth Warren.
Elon paid 455 million in taxes in 4 years. That is an absurd amount, How much did pelosi pay?
 

brandonl

Member
Joined
Jul 17, 2020
Messages
173
Thanked
64
Location
Guelph, Ont, Canada
Elon Musk explains his extremely low tax rate

  • Elon Musk paid less than $70,000 in federal income taxes between 2015 and 2017, and he did not pay anything in 2018, according to recent reports.​
  • He did pay his taxes in 2016 by exercising more than $1 billion in stock options.​
  • He lives off loans made from his stock options, meaning he doesn’t take a salary from his company.​
 
  • Thanks
Reactions: Hot Tuna

Br8k L3gnd

Member
Joined
Nov 30, 2021
Messages
148
Thanked
127
Elon Musk explains his extremely low tax rate

  • Elon Musk paid less than $70,000 in federal income taxes between 2015 and 2017, and he did not pay anything in 2018, according to recent reports.​
  • He did pay his taxes in 2016 by exercising more than $1 billion in stock options.​
  • He lives off loans made from his stock options, meaning he doesn’t take a salary from his company.​

455 million is a lot of money
 

jetflag

Elite Member
Joined
Jul 17, 2020
Messages
1,073
Thanked
821

455 million is a lot of money
No amount is ever enough for a social engineer who thinks she can spend/ invest that better then the entrepeneur who literally revolutionized the electric car industry and re kickstarted space exploration
 
  • Thanks
Reactions: Br8k L3gnd

Br8k L3gnd

Member
Joined
Nov 30, 2021
Messages
148
Thanked
127
No amount is ever enough for a social engineer who thinks she can spend/ invest that better then the entrepeneur who literally revolutionized the electric car industry and re kickstarted space exploration
They never seem worried about their trillion dollar spending. Elon put it perfectly by saying, you can whipe out every billionaire on earth and still not pay off the usa debt.

Id love to see pelosi pay more than $400 for insider trading. I bet they set the fine amount themselves.
 
  • Thanks
Reactions: jetflag

dmgtz96

Elite Member
Joined
Jul 13, 2020
Messages
1,734
Thanked
884
Elon is paying $11 billion in taxes this year, no?
That should be... fine? What are we debating?
 
  • Thanks
Reactions: jetflag

dmgtz96

Elite Member
Joined
Jul 13, 2020
Messages
1,734
Thanked
884
We're debating what an incredible Karen mrs Warren is given how she pays 0
Ohh Mrs. "I checked the box that I'm a native American and got into Harvard Law"

At this point I feel like focusing on Musk is just not productive. If US liberals/dems want to be outraged, they should look at the corporations reporting record profits but whose workforce relies heavily on food stamps (ex. Walmart, McDonald's). The US people are effectively subsidizing those corporations.
 
  • Thanks
Reactions: jetflag

jetflag

Elite Member
Joined
Jul 17, 2020
Messages
1,073
Thanked
821
Ohh Mrs. "I checked the box that I'm a native American and got into Harvard Law"

At this point I feel like focusing on Musk is just not productive. If US liberals/dems want to be outraged, they should look at the corporations reporting record profits but whose workforce relies heavily on food stamps (ex. Walmart, McDonald's). The US people are effectively subsidizing those corporations.
correct, Say about musk what you will but afiak he treats his employees with dignity and proper salaries.

same can't be said about Bezos's work force.
 
  • Thanks
Reactions: dmgtz96