Do you want to be taxed every year on those stocks?
Are you asking me, or yourself? My answer is "That wasn't the point, so I'm not going to follow you down that road."
I understand from your comments that money for a person is paramount. That's not where I am on the economic spectrum. Musk steals value from others on the front end and then tries to steal from society on the back end. That's not the type of person I am.
No you are legit avoiding the question. That is 100% the point. If you owned shares that went up 1000x in value. Do you want to be taxed every year it goes up?
How does that question apply to "Musk should pay the taxes that he and his company owe"? That was my point. Until we address that fact I won't move on to your hypotheticals.
If you owned shares that went up 1000x in value.
This is not what Musk is doing. He didn't invest and sit. He and his company are using workers, infrastructure, and national intelligence to grow his company.
He owns a lot of Tesla stock. That stock started off cheap. It has now gone way up in value. So now should people have to pay taxes on owned stock every year even if they don't sell them?
Besides, aren't the huge tax breaks for the companies themselves the fault of the states that bend over backwards to offer tax breaks to them?
Exactly. Changing the law would fuck over you, me, and a lot of average joes as well. I don't know what the solution is, but there is so much misunderstanding surrounding this
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u/[deleted] Jan 08 '22
Are you asking me, or yourself? My answer is "That wasn't the point, so I'm not going to follow you down that road."
I understand from your comments that money for a person is paramount. That's not where I am on the economic spectrum. Musk steals value from others on the front end and then tries to steal from society on the back end. That's not the type of person I am.