Comment on Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company
puppinstuff@lemmy.ca 2 days agoAll of them!
Because the rich can’t technically be taxpayers if they don’t pay in the first place.
Comment on Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company
puppinstuff@lemmy.ca 2 days agoAll of them!
Because the rich can’t technically be taxpayers if they don’t pay in the first place.
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.
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.