Posted on Nov 7, 2021
Elon Musk should sell 10% of Tesla stock, Twitter users vote
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President Biden doesn't like him because Tesla is non-Union.
He wasn't invited to the White House.
We will have to see you tomorrow if the Tesla stock Falls?
He wasn't invited to the White House.
We will have to see you tomorrow if the Tesla stock Falls?
Elon Musk should sell 10% of Tesla stock, Twitter users vote
Posted from foxbusiness.com
Tesla Motors
Stock Market
Money
Finance
Posted >1 y ago
Responses: 2
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LTC (Join to see) So, Stephen... do you think Billionairs should pay their fair share of taxes like the rest of us po folk do?
..."Musk said he would abide by the results of the poll, whatever the outcome may have been.
The tweet came amid some Democrats pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don't sell any shares. It's a concept called "unrealized gains," and Musk is sitting on a lot of them with a net worth of roughly $300 billion.
Much of Musk's wealth is held in shares of Tesla, which does not pay him a cash salary. "I only have stock, thus the only way for me to pay taxes personally is to sell stock," he tweeted."
..."Musk said he would abide by the results of the poll, whatever the outcome may have been.
The tweet came amid some Democrats pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don't sell any shares. It's a concept called "unrealized gains," and Musk is sitting on a lot of them with a net worth of roughly $300 billion.
Much of Musk's wealth is held in shares of Tesla, which does not pay him a cash salary. "I only have stock, thus the only way for me to pay taxes personally is to sell stock," he tweeted."
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LTC (Join to see)
No matter what you do, Millionaires and billionaires do what they can. They moved to Nevada to pay no taxes or they moved to Florida to pay less taxes but if you tell them that in six months they have to pay taxes, they're going to hit the eject, eject, eject, lever and they're going to leave the USA to avoid paying taxes. They already tried this in Europe and its failed. Democrats don't understand that paying their fair share was already tried in Scandinavian countries and in Western Europe and the rich people moved out. Why you think there are so many British rock stars in the USA? They did this to get away from the taxes of the UK! And they will do it again!
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