Not defending Elon, but the counter logic being used here is atrocious
Agreed. The dumbing down of America is complete. A guy I listen to on the radio calls these people “6 feet of stupid”.
Elon paid $11B in taxes and Liz Warren bitches? She's made millions off the backs of taxpayers.
I don't really understand how they got to zero taxes from Elon. Like do they mean a lower rate than someone else? It's unclear how someone who paid a ton of money in taxes can be seen as cheating the system
I don't really understand how they got to zero taxes from Elon.
They're counting "wealth" growing (i.e., stock increases in price) but years where he didn't realize any capital gains as "he paid no taxes despite making $50 billion". Which is absolutely fucking retarded as a claim. If you don't realize your gains you didn't make any money. Of course this point is far beyond the brainlets of Plebbit.
If I remember Biden was looking into taxing unrealized gains for mortgages, which really translates to ensuring BlackRock goes from owning 95% of the housing market, to BlackRock owning 100% of the housing market.
I'm sure most of these crying about this either pay no federal income tax or get more out than they pay in...
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