Just billionaire things

278 readers

36 users here now

Post things your (least) fav billionaire does.

This used to be the Elon Musk sub, but in an attempt to boost engagement, we have engaged a new pathway.

You can post anything related to billionaires here.

Tags: Tesla, paypal, spaceX, neuralink, The Boring Company.

founded 3 years ago

MODERATORS

Kokomheart@lemmy.ca

226

Jeff Bezos is pulling a Red Herring to evade taxes: "I shouldn't pay taxes, you should pay less taxes" (finance.yahoo.com)

submitted 2 weeks ago by atro_city@fedia.io to c/billionaire@lemmy.ca

51 comments fedilink hide all child comments

Crossposted from https://fedia.io/m/twnw/t/3949431

In an interview the founder of Scamazon is trying to move the discussion around wealth taxes away from himself and his Epstein class. He's only got one thing right of the "Tax Wealth, Not Work" movement namely, don't tax work. Wealth still has to tax wealth, otherwise it won't solve anything.

you are viewing a single comment's thread
view the rest of the comments

[–] SaveTheTuaHawk@lemmy.ca -1 points 2 weeks ago (2 children)

No, he should pay his fair share of taxes. We need to close the loopholes of borrowing money based on stock assets and not declaring it as income.

[–] bitjunkie@lemmy.world 6 points 2 weeks ago

His "fair share" should include a much higher marginal rate than he would see even if the loans he actually spends were considered income. He's well into the self-actualization tier of Maslow's hierarchy; he doesn't get to have more money than God and still pay the same rate as people who are struggling to have their basic needs met.

[–] atro_city@fedia.io 3 points 2 weeks ago

He has decades of taxes to pay back. He must pay immense taxes.