Musk shuts down Biden on Billionaire taxes

[1srelluc]

Look, I think you should be able to be a billionaire if you can earn it, but just pay your fair share.

I think you ought to pay a minimum tax of 25%.

It’s about basic fairness. pic.twitter.com/oHgreYCdUz
President Biden (@POTUS) March 18, 2023

I paid 53% taxes on my Tesla stock options (40% Federal & 13% state), so I must be lifting the average!

I also paid more income tax than anyone ever in the history of Earth for 2021 and will do that again in 2022.@CommunityNotes, is the 3% number cited above accurate?
Elon Musk (@elonmusk) March 18, 2023

I certainly agree that everyone should pay taxes and not engage in elaborate tax-avoidance schemes.

Would be curious to hear how these other “billionaires” are so good at avoiding taxes!

We should get rid of GRATs, but maybe other things too.
Elon Musk (@elonmusk) March 18, 2023

I wonder if Biden declares the income he receives from our adversaries?

 

[Toddsterpatriot]

I wonder if Biden declares the income he receives from our adversaries?

Liberals are really bad at math, even when they aren't lying.

 

[Augustine_]

Republicans ride billionaire dick so hard. Since Tesla and SpaceX only exist because of massive funding from the government, he should be more than happy to pay tax since it's just reinvesting in his companies.

 

[okfine]

Republicans ride billionaire dick so hard. Since Tesla and SpaceX only exist because of massive funding from the government, he should be more than happy to pay tax since it's just reinvesting in his companies.

I think Musk pays taxes to Xi. He kisses Xi's ass because he owes Xi.

 

[Augustine_]

I think Musk pays taxes to Xi. He kisses Xi's ass because he owes Xi.

Yes that's an even more major problem