Comment on Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company

puppinstuff@lemmy.ca ⁨3⁩ ⁨days⁩ ago

• Threeme2189@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

  I wonder which American taxpayers will foot the bill?

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  • puppinstuff@lemmy.ca ⁨2⁩ ⁨days⁩ ago

    All of them!

    Because the rich can’t technically be taxpayers if they don’t pay in the first place.

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    • RamRabbit@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Odd to say that while referring to Musk, a person who famously paid the most taxes by any individual ever in a year, over >$10B in a single year.

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      • puppinstuff@lemmy.ca ⁨2⁩ ⁨days⁩ ago

        I don’t think that what he’s famous for.

        Meanwhile, Elon Musk’s company avoided almost all federal income tax on over $12 billion of U.S. income over the past three years

        This is following the rules because the rules are written by the rich to benefit the rich. Countries need wealth taxes and more equitable policies on unrealized gains.

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