Severus_Snape@lemmy.world to World News@lemmy.worldEnglish · 1 day agoElon Musk becomes world's first half-trillionairewww.bbc.comexternal-linkmessage-square47fedilinkarrow-up1112arrow-down120
arrow-up192arrow-down1external-linkElon Musk becomes world's first half-trillionairewww.bbc.comSeverus_Snape@lemmy.world to World News@lemmy.worldEnglish · 1 day agomessage-square47fedilink
minus-squareFlamekebab@piefed.sociallinkfedilinkEnglisharrow-up32·1 day agoBut if we were to tax him he’d… What’s the current lie again?
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up3·17 hours 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-up17·1 day 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-up4·1 day agoThat’s at least the economy of top 10% and very often the top 1%. It’s a different world up there.
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up2·1 day agoIt’s so much a different world, they lose contact with reality.
minus-squareHudell@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·23 hours agoTop 1% still includes people who fail to pay bills sometimes. This is the economy of the 0.01% at most.
minus-squareCheems@lemmy.worldlinkfedilinkEnglisharrow-up3·1 day 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.
It’s so much a different world, they lose contact with reality.
Top 1% still includes people who fail to pay bills sometimes. This is the economy of the 0.01% at most.
Not taxing him is also bad for the economy