Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Wed Oct 27 13:54:52 +0000 2021

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Judd Legum @JuddLegum

5. Musk is quite upset. He warns that if the government starts taxing what he uses as his income (unrealized capital gains) they soon will start taxing everyone's income. Hey, guess what? Everyone else is already paying income taxes! https://t.co/QsCcDxqxJZ https://t.co/V0t07s0PHK — 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

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Judd Legum @JuddLegum

6. Musk paid ZERO income taxes in 2018. And he paid just over a 3% effective rate from 2014-2018. Middle-class Americans are paying far more than that right now A new tax on unrealized capital gains for billionaires only begins to level the playing field https://t.co/QsCcDxqxJZ — PolitiTweet.org

Posted Oct. 27, 2021 Hibernated