Severus_Snape@lemmy.world to World News@lemmy.worldEnglish · 2 months agoElon Musk becomes world's first half-trillionairewww.bbc.comexternal-linkmessage-square32fedilinkarrow-up1107arrow-down120
arrow-up187arrow-down1external-linkElon Musk becomes world's first half-trillionairewww.bbc.comSeverus_Snape@lemmy.world to World News@lemmy.worldEnglish · 2 months agomessage-square32fedilink
minus-squareFlamekebab@piefed.sociallinkfedilinkEnglisharrow-up26·2 months agoBut if we were to tax him he’d… What’s the current lie again?
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up12·2 months 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-squareCheems@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoNot taxing him is also bad for the economy
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up3·2 months 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.
But if we were to tax him he’d… What’s the current lie again?
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.
Not taxing him is also bad for the economy
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.