Elon Musk rips Democrats' billionaire-tax plan that could slap him with a $10 billion annual bill

[LAUGHatLEFTISTS]

Seeing as how the federal government took in record revenue this year in excess of $ 4 trillion I see no reason to raise anybody's rates. They don't have a revenue problem. They have a spending and priorities problem. Instead of raising rates there are plenty of deductions they can slash first which would result in corporations and the billionaire class paying more than they are now.

Which campaign slogan would work on low info uninformed voters?

A) Tax The Rich!!!

B) Close The Loopholes!!!

 

[Clipper]

Tesla CEO Elon Musk on Monday evening criticized a Democratic tax proposal that would target American billionaires to fund a safety-net expansion, saying it represented the start of a new campaign from Democrats to redistribute wealth from the richest Americans.

"Eventually, they run out of other people's money and then they come for you," he wrote on Twitter.

Elon Musk rips Democrats' billionaire-tax plan that could slap him with a $10 billion annual bill

"Eventually, they run out of other people's money and then they come for you," Musk tweeted at the senator who drafted a billionaire-tax proposal.

www.businessinsider.com

The former Rush Limbaugh is spinning in his grave over this "tax the rich" plan. You guys have to stop it!

Personally, I think the rich should pay their fair share.

Like Limbaugh Musk thinks he's taking it with him. Wait till he finds out that Brinks trucks don't visit cemetaries.

 

[Clipper]

Define “fair share”. Be specific and provide numbers and percentages.

Your GOP mob has cut funding for IRS enforcement agents deliberately to undercut the agency's effectiveness in enforcing the tax code which is why wealthy tax cheats are getting away with screwing the rest of us out of billions of dollars every fucking year. If the uber wealthy weren't playing this game there probably wouldn't be any need to raise their taxes now.

They brought this on themselves with their greed. Too damn bad.

 

[LAUGHatLEFTISTS]

You are the prime example of why things can't improve for the better in America. Why not cross that bridge if it ever goes there? No. Instead you just dont want any more taxes on billionaires. Insane thought process.

The most insane thought process I know is let’s give politicians more and more money to better America . Because you know, politicians have a long history of honesty, integrity and humility. They are clearly unselfish and frugal and always strive to get taxpayers the best bang for their buck.

 

[LAUGHatLEFTISTS]

Like Limbaugh Musk thinks he's taking it with him. Wait till he finds out that Brinks trucks don't visit cemetaries.

Is that a fact. Please post where Limbaugh wanted to take it all with him. While you’re at it maybe do some research on Rushs donations to charity. Do the same for John Kerry , Bernie Sanders and the Clintons.

 

[LAUGHatLEFTISTS]

I'm honestly shocked at how many patiently ignore stupid demands like that from idiots like you.

Because you can’t answer the question. Fair share is just another talking point bro feed to gullible leftists. It sparks their feeeeeelllliiinngggssss

 

[Missouri_Mike]

In understand we all pay taxes. That covers that. You are at, like, square one in the debate over a social safety net In fact, I pay now. Don't you? Ya freeloader?

How much in taxes do you want to pay? The rich aren’t going to be able to keep up. Are you prepared to pay taxes on your unrealized income to cover it?

 

[Missouri_Mike]

The most insane thought process I know is let’s give politicians more and more money to better America . Because you know, politicians have a long history of honesty, integrity and humility. They are clearly unselfish and frugal and always strive to get taxpayers the best bang for their buck.

They’re so frugal they vote themselves raises because spending your money is such a tough job.

 

[john doe 101]

Bwaaaaahhaaaaaaa.....You have no clue.....

The 400 wealthiest families had an effective tax rate of 8.2% from 2010-2018. You need to fire your accountant 1st thing tomorrow. If you are actually doing your own taxes, you're obviously stupid because your effective tax rate is 20%.

 

[john doe 101]

How much in taxes do you want to pay? The rich aren’t going to be able to keep up. Are you prepared to pay taxes on your unrealized income to cover it?

The 400 wealthiest families had an effective tax rate of 8.2% from 2010-2018. They're hardly paying their fair share. They can afford paying more.

 

[Nostra]

The 400 wealthiest families had an effective tax rate of 8.2% from 2010-2018. You need to fire your accountant 1st thing tomorrow. If you are actually doing your own taxes, you're obviously stupid because your effective tax rate is 20%.

Gee whiz, you mean the members of the 400 wealthiest families in America aren't working jobs for a paycheck?

Thanks for this groundbreaking news, Dipshit.

 

[dblack]

The 400 wealthiest families had an effective tax rate of 8.2% from 2010-2018. They're hardly paying their fair share. They can afford paying more.

Well, that's primarily because of the horseshit shell games that Congress plays with the tax code. Did you vote for them?

 

[john doe 101]

I hope you are correct. Do you happen to have some links for us though?

"Almost all agencies concur in predicting that CPI inflation will decrease in 2022 compared to 2021."

US Inflation Forecast: 2022, 2023 and Long Term to 2030 | Data and Charts - knoema.com

(November 1, 2022) The Federal Open Market Committee (FOMC), in its latest meeting on September 21, 2022, forecasted that the Personal Consumption Expenditures (PCE) inflation rate in the United States will average at 5.4% in 2022, and then decline to 2.8% in 2023. The FOMC — the US Federal...

knoema.com

 

[john doe 101]

Well, that's primarily because of the horseshit shell games that Congress plays with the tax code. Did you vote for them?

Then we need to fix the tax code.

 

[Missouri_Mike]

The 400 wealthiest families had an effective tax rate of 8.2% from 2010-2018. They're hardly paying their fair share. They can afford paying more.

8.2% of what? Their entire wealth? Does that include what the business paid and what they paid in SS matching for employees. Benefits provided. Any of that?

One would think you greedy fucks would be for a flat tax. But we know why you don’t. You can’t bitch about fair share and stupid shit like that.

 

[Missouri_Mike]

"Almost all agencies concur in predicting that CPI inflation will decrease in 2022 compared to 2021."

US Inflation Forecast: 2022, 2023 and Long Term to 2030 | Data and Charts - knoema.com

(November 1, 2022) The Federal Open Market Committee (FOMC), in its latest meeting on September 21, 2022, forecasted that the Personal Consumption Expenditures (PCE) inflation rate in the United States will average at 5.4% in 2022, and then decline to 2.8% in 2023. The FOMC — the US Federal...

knoema.com

Oh thank goodness. We will have slightly less inflation. Good times.

 

[dblack]

Then we need to fix the tax code.

Which means we need to fix Congress. Which means we need to fix how we vote.

 

[john doe 101]

8.2% of what? Their entire wealth? Does that include what the business paid and what they paid in SS matching for employees. Benefits provided. Any of that?

One would think you greedy fucks would be for a flat tax. But we know why you don’t. You can’t bitch about fair share and stupid shit like that.

Are you fucking stupid? LOL their entire wealth. Your effective tax rate is the ACTUAL tax rate you pay vs your tax bracket. The 400 families averaged paying 8.8% on their income for each year between 2010-2018. That was their EFFECTIVE rate, even though they were in the 39.6% bracket or whatever it was for those years.

Why in the hell are you sitting here trying to defend the richest people in America paying 8.8% income tax? It boggles the mind.

 

[john doe 101]

Oh thank goodness. We will have slightly less inflation. Good times.

Even when it's projected to go down you complain. Some people......

 

[john doe 101]

Which means we need to fix Congress. Which means we need to fix how we vote.

Not everyone needs to go, but most people need to stop having the attitude it's the OTHER Congressmen that are the problem, not mine.