Severus_Snape@lemmy.world to World News@lemmy.worldEnglish · 14 hours agoElon Musk becomes world's first half-trillionairewww.bbc.comexternal-linkmessage-square45fedilinkarrow-up1101arrow-down118
arrow-up183arrow-down1external-linkElon Musk becomes world's first half-trillionairewww.bbc.comSeverus_Snape@lemmy.world to World News@lemmy.worldEnglish · 14 hours agomessage-square45fedilink
minus-squareFlamekebab@piefed.sociallinkfedilinkEnglisharrow-up31·11 hours agoBut if we were to tax him he’d… What’s the current lie again?
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up3·1 hour agoAll we have to do is seal up the loophole that says money borrowed against stock value isn’t income. But I don’t even understand why capital gains are not considered income.
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up17·11 hours agoIt would be very bad for the economy. Exactly what economy “the” stands for is not specified, I can only assume it must be “the” Elon Musk economy.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up4·11 hours agoThat’s at least the economy of top 10% and very often the top 1%. It’s a different world up there.
minus-squareHudell@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·8 hours agoTop 1% still includes people who fail to pay bills sometimes. This is the economy of the 0.01% at most.
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up2·10 hours agoIt’s so much a different world, they lose contact with reality.
minus-squareCheems@lemmy.worldlinkfedilinkEnglisharrow-up3·11 hours agoNot taxing him is also bad for the economy
But if we were to tax him he’d… What’s the current lie again?
All we have to do is seal up the loophole that says money borrowed against stock value isn’t income.
But I don’t even understand why capital gains are not considered income.
It would be very bad for the economy. Exactly what economy “the” stands for is not specified, I can only assume it must be “the” Elon Musk economy.
That’s at least the economy of top 10% and very often the top 1%. It’s a different world up there.
Top 1% still includes people who fail to pay bills sometimes. This is the economy of the 0.01% at most.
It’s so much a different world, they lose contact with reality.
Not taxing him is also bad for the economy