This week alone Elon Musk's fortune grew by $36 billion, yet he goes out full blast to criticize a proposed wealth tax on billionaires. Kinda makes you want to tax him a whole lot more, doesn't it?

Oct 26, 2021 · 11:37 PM UTC

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Replying to @marwilliamson
Class warfare and criticism of success is so sad.
Replying to @marwilliamson
not only that: in some years he paid zero income tax and in others he underpaid. His loopholes are amazing!. his wealth is all from stocks and crypto manipulation via social media - it's not that he's working harder or smarter than the rest of us 😆
it's unrealized capital gains that grew. if he had to pay tax on that he would have to sell Tesla shares, which means stock crashes. If you go on taxing invested capital, nobody will want to invest capital.