Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Wed Oct 27 13:51:41 +0000 2021

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Judd Legum @JuddLegum

3. How do these billionaires accumulate so much wealth, live lavish lifestyles and pay little to no taxes? They borrow against unrealized capital gains, which are untaxed Musk, for example, has pledged 92 million Tesla shares to secure debts https://t.co/QsCcDxqxJZ — PolitiTweet.org

Posted Oct. 27, 2021 Hibernated

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Judd Legum @JuddLegum

2. Increase in wealth (March 2020 to October 2021) MUSK: $24 BILLION ➡️ $209 BILLION BEZOS: 113B ➡️ 192B GATES: 98B ➡️ 132B ELLISON: 59B ➡️ 124B PAGE: 50B ➡️ 120B ZUCKERBERG: 54B ➡️ 117B https://t.co/QsCcDxqxJZ https://t.co/ZwbMz5VX3l — PolitiTweet.org

Posted Oct. 27, 2021 Hibernated

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Judd Legum @JuddLegum

4. Yes, Musk, the world's wealthiest man CARRIES AN ENORMOUS AMOUNT OF DEBT He obviously doesn't need to borrow money. It's a scheme to avoid taxes To help pay for the reconciliation bill, Dems are considering a new tax on billionaire's unrealized gains https://t.co/QsCcDxqxJZ — PolitiTweet.org

Posted Oct. 27, 2021 Hibernated