That’s your job, dipshit. 🤣🤣🤣🤣
(media.greatawakening.win)
Comments (10)
sorted by:
Taxing the rich is not the answer to anything. It is that there are taxes at all that are the real problem in this regard. It is taxes that make the rich, "The Rich". (At least on the extreme end, where it really matters.) Believing that the division implied in this twat is meaningful, is allowing yourself to be Controlled Opposition.
You're missing the point. She's claiming we need to close corporate loopholes and tax the rich, but she's doing absolutely nothing about it other than ranting on Twitter.
I mean, I kinda got that was the point, but implicit in that point is that taxing the rich matters.
Well she's an idiot in the first place, but the problem with most of these "loopholes" is that they aren't really loopholes. They're just basic tax policies that every business, including small businesses, use. In the case of Tesla et al, they're just scaled up to an absurd level.
I do the same, I use legal deductions that are totally legit to run my business. What they call a loophole could be the money you pay your employees, not a loophole and should be deducted off any profit.
Yup, also applies to depreciation, inventory hold over, actual losses, in the case of companies like Tesla, R&D expenses, etc. etc. Morons who say stuff like this have no idea how businesses or finances really work.
Pretty much the only "loopholes" that actually exist, involve actual tax havens and shell companies, and even then you're going to eventually get caught if you're not in the "club".
My favorite "loophole" these morons like to espouse is the "Buy, Borrow, Die" Loophole. Supposedly, all of the "Ultra Rich" just Buy up mass amounts of stocks and other assets like art and collectible exotic cars (most of the time those that don't pay any dividends or pay absurdly low dividends), let them grow in value, and then somehow magically get loans against these assets where they never have to actually pay anything back (remember these assets have little to no actual income involved with their possession). Then when they die, all of this debt is magically wiped out (Because their heirs obviously don't inherit the debt as well like every other estate would).
It's such an absurdly stupid concept that I can't even fathom how this would begin to work unless you're able to create some kind of loan rate arbitrage where the money you'd owe on an annual basis is low enough that you'd be able to support your lifestyle AND pay back the debt you owe every year off the loan money. But even then, that'd be hard to do with anything but an interest only loan, and I doubt there's many places that would be willing to do the to the tune of billions of dollars every few years as you refinance and continue your debt cycle.
And even then it still doesn't answer how the debt is magically wiped when your heirs inherit your estate. Long story short, these "tax the rich" people are idiots who think a catchy slogan will get all of the "peasants" they created on their side.
I am going through probate right now and none of my brothers' debts were whipped out. I am having to pay out of my own pocket for those bills as I must deposit ALL of the income from his rentals in an account, I will get it later but so far it has been very expensive for me to cover all the costs myself. Even though he made 40 thou. in rent he does not owe tax because 50+thousand has been spent on the property. 0 profit.
This woman has to have a sub 80 iq.
Bet the poster doesn't pay any taxes either.
I find it ironic that if they simply removed all loopholes and set a 10% flat tax then Musk would in fact pay his fair share of the taxes.