Elon could take 1% of his wealth, start over, and live for a full 100 years never having to work a day; if he donated 20% of that income annually to charity, he would still take home 30x the average household income of Washington DC - i.e., have 30 houses, 15 cabins, 60 cars, etc. - all while paying standard income taxes. The remaining 'pocket change', ~350/wk, is equal or more than most have on social programs.
@Yoshi ...another huge difference with the European side where they don't take taxes (they take them before announcing) so what they say is what you keep...I like that better. 👍
This is a little confusing because they seem to be making an argument about taxing his net worth, but then they talk about income taxes.
I looked up the median net worth from 2021 ($166,900) and how much the average person paid in taxes ($17,902), which means that people were paying almost 11% of their net worth in taxes on average. So even when you're comparing apples to apples, it's a raw fucking deal.
Worse, something like 25% of people in the US have $0 net worth or less.
Elon Musk tweet on Dec. 19: For those wondering, I will pay over$11 billion in taxes this year.
reply from Anya Overmann That's 4.5% of your net worth. You paid 3.27% between 2014 and 2018, & no fed taxes at all in 2018. You made $36 billion in ONE DAY in 2021. Most US ppl pay 10 to 37% in fed taxes & up to 13.3% in state taxes. Stop vying for sympathy from people who pay and pay your fair share.
CowMan
Als Antwort auf Vee • • •Updated for the new 400 bill. net worth:
Elon could take 1% of his wealth, start over, and live for a full 100 years never having to work a day; if he donated 20% of that income annually to charity, he would still take home 30x the average household income of Washington DC - i.e., have 30 houses, 15 cabins, 60 cars, etc. - all while paying standard income taxes. The remaining 'pocket change', ~350/wk, is equal or more than most have on social programs.
It is a lot...
Vee hat dies geteilt.
Vee
Als Antwort auf CowMan • • •Yoshimatsu ✅🇺🇸 🇺🇦
Als Antwort auf Vee • • •Vee
Als Antwort auf Yoshimatsu ✅🇺🇸 🇺🇦 • • •FurballsNHairballs
Als Antwort auf Vee • • •Vee
Als Antwort auf FurballsNHairballs • • •Alexander Karn
Als Antwort auf Vee • • •Vee
Als Antwort auf Alexander Karn • • •Jargoggles
Als Antwort auf Vee • • •This is a little confusing because they seem to be making an argument about taxing his net worth, but then they talk about income taxes.
I looked up the median net worth from 2021 ($166,900) and how much the average person paid in taxes ($17,902), which means that people were paying almost 11% of their net worth in taxes on average. So even when you're comparing apples to apples, it's a raw fucking deal.
Worse, something like 25% of people in the US have $0 net worth or less.
Vee
Als Antwort auf Jargoggles • • •@jargoggles
Good point actually... 👍
Jargoggles
Als Antwort auf Vee • • •Vee
Als Antwort auf Jargoggles • • •C.Suthorn
Als Antwort auf Vee • • •TheNovemberFella ✊🏳️🌈 🇺🇦☸️🛰️🚀
Als Antwort auf Vee • • •Vee
Als Antwort auf TheNovemberFella ✊🏳️🌈 🇺🇦☸️🛰️🚀 • • •Nazani
Als Antwort auf Vee • • •Vee
Als Antwort auf Nazani • • •@Nazani
*sigh* 🙄
Jeri Dansky
Als Antwort auf Vee • • •#Alt4You
Elon Musk tweet on Dec. 19: For those wondering, I will pay over$11 billion in taxes this year.
reply from Anya Overmann
That's 4.5% of your net worth. You paid 3.27% between 2014 and 2018, & no fed taxes at all in 2018. You made $36 billion in ONE DAY in 2021. Most US ppl pay 10 to 37% in fed taxes & up to 13.3% in state taxes. Stop vying for sympathy from people who pay and pay your fair share.
Vee
Als Antwort auf Jeri Dansky • • •Maddad ☑️
Als Antwort auf Vee • • •I wonder how we could find out the true amount he pays..
Vee
Als Antwort auf Maddad ☑️ • • •