The solution has always been to cut spending not raise taxes
>>534817289His companies get back more than he pays in government funding.
Taxes should be at 99.9999%. Congress needs to make it law to divert half of revenue to Israel.
>>534817573That doesn't nullify his point then, which is that they do pay taxes. Endless subsidies are a different issue entirely which may be more pressing than taxation
>>534817289We need a return to 1950s corporate tax rates. If you want to hoard all the money while producing no jobs for Americans (only discount servile H1Bs), then you can pay higher taxes.
>>534817289Tesla is flailing badly and is way overpriced for what they put out
>>534817289poor people are to stupid to understand capital allocation, hence why they're still poor. Billionaires will simply move their capital somewhere else, or repatriate themselves and their capital where conditions are more favorable. This is just the nature of capital. Learn the rules or stay poor. Spending won't be cut, it's to politically unpopular. All roads lead to increasing the money supply, so act accordingly.
>>534817289Why would you cut spending?The government MUST spend at origin in order to leave behind money in the economy for the private sector to generate a surplus from.How dumb can you possibly be?
>>534818248The government never needs financial capital from anyone. It creates the money. What matters is industrial capital and over the last 40-50 years the capital/billionaire class has already shown themselves willing to hollow out American industrial and productive capital for their own private gain.The lesson to take from that experience is not to be more accommodating to billionaires or to the rich. It is to view them with skepticism, mistrust, and to create State-owned and State-operated alternatives.After all, the government has theoretically infinite money. It gets its real resources from the same place the private sector does -- the general population and territories under its control or through negotiated trade access with those it does not. Simply outbid the private sector.
>>534817289As a percentage of his income, he pays less than a grocery bagger.
>>534817289bootlicking miggers constantly say elon, trump, etc pay all this money in taxes but there are never any receipts. why is that?
>>534818248Increasing the money supply in an unprincipled way where its immediately captured by already saturated assets does more damage than cutting, and diminishes the power of the govt.
>>534818248They're not taught it. Their parents didn't understand it and government run schools sure as hell aren't going to teach it.I didn't understand this sort of thing until I was put in environments with people who did.Most people think in terms of wages and the notion of saving money / having X net worth = literally having that money liquid in some kind of bank account.
>>534819371How much do you earn bagging groceries and how much federal taxes did you pay last year?
>>534817661Not if nothing is going to be done about either issue.
>>534818248>to stupid Top tier irony.
>>534817289When will we stop idolizing nepo-babies?
>>534817829Agreed.
>>534817289>Business>Earn X$>Use Y$ to operate>X-Y=Z (profits)>Taxed on Z$>Be me>"kys, you're taxed on X."Why is it like that?
>>534817289Billionaires should not exist. Every penny above $999,999,999 should be taxed at 100%.There is absolutely zero reason anyone needs to have a billion dollars.
>>534819371I bet not. That grocery store bagger probably pays no taxes (the bottom quintile doesn't) and he gets the earned income tax credit, which is a check for some free money. He makes money by paying his taxes.
>>534817289>The solution has always been to cut spending not raise taxesyou cant drive a car if you can only turn the wheel one way
>>534822805HOW DARE YOU TAKE AWAY THIS TRILLIONAIRES HARD EARNED MONEY. WHAT ARE YOU, A SOCIALIST?????https://spendelonfortune.com/
>>534822714The point should be under which does government get the most revenue. Look up Laffer Curve. It graphs the amount of revenue collected at what tax rate. Unless you think the purpose of the tax system is to hand out rewards and punishments, which most people do.
>I've paid more taxes than anyone in history>I've funded a system that hates you more than anyone else
>>534823232Wow thanks for giving all our tax money to foreign engineers and H1Bs and calling us dumb while no one can get a job that isn't horrible and no one can afford to own a piece of land and have any skin in their own game.
>>534823280Surely I'll get a job at SpaceX or OpenAI or whatever Jew daycare scam, if I worship you kikes harder. Fucking pathetic.
>>534823188When has confiscating wealth ever improved the lives of the poor? Or do you just want to punish the rich?
>>534817289Elon should have his wealth confiscated and then he should be sent to an El Salvador prison.
>>534817289Natural Living Based Income UBI the Trickle up effect in Taxes
>>534817289That’s rich coming from the worlds biggest tax funded corpo baby. Get bent, Elon
How about cutting taxes.
>>534817289Why are we talking in absolute numbers? It's more like despite all his tax breaks and collateral stock loans he STILL pays such a hugely significant amount in taxes. It's all percent based. Like it should piss off people that the 1%+ keep paying more as a ratio to the total amount.In a good economy without kikes, the bottom 50% should be keeping up with their ratio of taxes contributed (roughly) not becoming a smaller and smaller percent each year. If people weren't really stupid on average they'd be really pissed!
>>534823193The government doesn't receive revenue because it needs revenue in order to spend. The government creates money. It spends its own money unit into existence. Taxation just reverses that process -- it deletes/destroys money.The federal government never applies any of the revenue that it gets to anything.
>>534817289Proportional effects. If I make 100 million dollars a year and half of it goes to taxes I still don't have to go without necessities or even make go without things that I want. Where as if I make 100k a year and 30% of my money goes to taxes I have to decide if a kid, house, repairs, a vacation, etc is in the fucking budget.Fuck this stupid ass argument. Also, its not even necessarily about them not paying taxes but that they buy literally fucking everything and want to make it so we have to pay them in perpetuity for shit like, a computer, a car, shelter, food, clothing, etc WHILE our tax money is making them rich and they create a surveillance grid so you instantly become a criminal if you dont come to a complete stop at a stop sign when no one is around to be burdened by it let alone witness it.
>>534817289God damn I would take gladly take the prison time to just smash that mongoloids face into an unrecognizable mass of skin and teeth.
>>534817289>1pbtid>vpn kike>WHY COME?!?!?!I hope your parents starve to death
>>534817289Cool he should pay even more or fuck off back to apefrica
>>534817289
>>534817289People should be saying no to taxes until it is to be returned to the infrastructure of the USA proper, not pissed away on foreign conflicts and wars.
>>534817289This greedy pile of shit should be taxed until he’s at 900 million
>>534817289Nigga wanna be mansa musa so bad
Hear me outWhat if we raise taxes AND cut spendingThen give all the surplus to me?
>>534823501The IRS collects taxes on behalf of the federal reserve that is supposed to use it to pay down the debt. Except they take a 6% cut of the money its prints every year. The FED is not a government institution. Its a "quasi governmental agency" with a nebulous term which means its private, i.e not a public (government) institution. Imagine what 6% of the debt looks like. Lol. Its more than all the taxes collected which means neither the interest nor the principal is paid down. Ever. Imagine trying to get a loan when you have never made a fucking payment. That's what the government does every year. We are owned by the FED who uses the government and military to do its bidding.
>>534823434How else will we fund our debts for funding Jewish daycare bail outs?
>>534824107>supposed to use it to pay down the debt.Can you show me where in the federal reserve act that it says that? Can you show me anything at all that says that?
>>534824669Oh, I meant that it was implied that was the point. Actually, we pay taxes to give money to the shareholders of the fed. You know, because its such a hard job printing money out of thin air. It would actually mean something if these "share holders" at any point in their history actually had to bear the cost of their decisions but we just end up holding the bag.
>>534817573That has nothing to do with it. The government is paying him to do work that they can't get done themselves.
>>534826753This is the exact reason palentir even exists. Its unconstitutional for the government to do it so they pay a private company to do it.
>>534824107>pay down the debtWhen the money is created out of thin, the debt is structural. Debt is not the same thing for a national government that it is for you or for a business. You cannot create deposits. Governments can.Governments do not borrow money, no matter what they tell you. They create money when they spend, at origin. The Federal Reserve is an agent of Congress. There is no accounting requirement to pay interest on bonds. It is a self-imposed restraint. Issuing bonds at all is a self-imposed restraint. It is a policy choice that was made.
>>534827583The FED actually decides what congress gets. Even if congress passes a spending bill the FED has the ultimate authority if that spending bill gets passed. The FED is not a government agency. Its a privately owned central bank with shareholders.
>>534827779Yeah, you're just wrong. Sorry to say. These are conspiracy theories that they feed to conservatards so they always look at the material instead of the mechanism (not unlike when they convince conservatards that gold is money).https://www.youtube.com/watch?v=JGuNpqYBkZk
>>534828190I have 2 degrees, anon. Finance and electrical engineering. Its not a "conspiracy theory". What i posted is in econ 101. Macro and micro economics both cover the fed, its role, and outline how the FED is the last stop for congressional spending bills. They recieve, which is in their charter, a 6% "fee" for operations cost. Speaking of their charter, they're also not supposed to be able to own property outside of operational requirements yet on their 2024 balance sheet owned 2 trillion in low-income housing. Hmm mm, curious about that charter that seems to have been used as toilet paper after the 2008 bail outs.
>>534826753Shut up pajeet
>>534828579Youre an idiot. As all finance bros are.
>>534828190Gold is momey though because you can use it to barter and trade, secondly debt based economy turns personal debt into promise of future labour to estimate value
>>534828817>finance broWhat? Im a licensed engineer with a finance degree. Not a "finance bro", memeflaggot.
>>534828832Currency is not money but money is currency.
>>534817661>richest man on earth (on paper)>pays more taxes than anyone on earth (on paper)Hey yeah, that math checks out. It would be insanely weird if he didn't. Why does he think this is a point worth mentioning again?
>>534817289Compelling argument! I think your company should be liquidated and you along with it
>>534822816You have never worked a job. You do not get back what you pay into social security and Medicare. It's already known millennials and zoomers will not be receiving anything they pay into the social security ponzi scheme.
>>534822805This is the solution. Or we at least need a fixed percentage across the board with no loopholes.
>>534817289more
>>534817289ELON SHOULD BE FORCED TO PAY DEARLY FOR WHAT HES DONE
I don't support raising taxes on billionaires. I support seizing the assets and placing them in camps and forcing them to work to earn their freedom for anyone that profits from immigration or outsourcing.
>>534829331There should be salary caps on corporate executives that is "x %" of the lowest paid employee. There should be other loopholes closed. I am strictly AGAINST inheritance tax, however, as that is the single mode of wealth generation that everyone shares and would disproportionately effect the middle and lower class. This will become an exceedingly obvious bullshit wealth-grab when boomers and older Gen x start dying off and their bloated property values become unaffordable to their children.
Once a CEO hits a networth of 30 million they should be forced to retire and invest so they're stuck rich for life and can fuck off, and then their company becomes owned by the state and the employees. >inb4 commie No that shit is gay. I prefer National Statism. I think this would only work if there's no niggers/pajeets
>>534817289If being a billionarie led you to this, of what use was being a billionare ?
>>534817289https://www.biblegateway.com/passage/?search=Mark%2012%3A41-44&version=LSB>43 And calling His disciples to Him, He said to them, “Truly I say to you, this poor widow put in more than all those putting money into the treasury; 44 for they all put in out of their [d]surplus, but she, out of her poverty, put in all she owned, [e]all she had to live on.”
>>534829840You cant put a number cap on it because of inflation and the state is the LEAST likely to fascilitate growth for an employee owned business. That sounds like a nightmare and Im all for employee owned companies.
>>534829870Grim lesson. The best lessons usually are though.
>>534830034Well what if the cap adjusts and accounts for inflation. And also, think about it, this is actually 900 billion IQ. If we set a cap, a CEO won't want to reach it because then they'd lose control, so they'd have to actually use their earnings to wage raises, build new buildings for employment, etc. It might actually keep them on edge
>>534829961Well, the only people that want to raise taxes for the rich also use the term bourgeoisie which means middle class, so they aren't exactly hiding it.
>>534817289The solution is to hard default the government debt, and let citizens own their nations in terms of the money we actually use and work for, not in terms of infinite debenture that makes the wealthy wealthier for free.
>>534817661It does since it means literally everyone else is financially supporting him.
>>534829961then you shouldnt mind if we raise their taxes
>>534817573>The solution has always been to cut spending>THE SOLUTION HAS ALWAYS BEEN TO CUT SPENDING
>>534818248>Calls other people stupid>”to stupid”>Never occurs to you that people would also want those loopholes fixedlol lmao
>>534817289Quit spamming this kike
when some individuals confiscate proportionnally more and more of a country's wealth, to the point where they start directly interfering with elections, governments, world conflicts, you know it's a threat to the social contract and democracy in general. That's why taxes were introduced, to avoid these problems, so that there is a rule other than the rule of money.
>>534830577>This billionaire, a status you only get by swindling and lying constantly, who has ties to the current presidency>”Yo donny, do you think when you’re cutting funding to Pensions, Education, Healthcare, etc. mind keeping all the spend on my company the same? Maybe even double it?”Trusting billionaires is genuinely moronic.
>>534830247While I dont necessarily disagree with where your heart is there is a massive problem that remains ignored: the investor parasite class that is antagonistic to our economy. The old days of Adam Smith economics where a company is financially bound to the health of the community in which it resides ended with the steam engine and has been further and further reduced to irrelevance with every innovation in shipping, travel, and information sharing. Now the "investor" no longer gives a shit about the company, its employees, or the communities in which they reside but parasticize short-term gains then move on to the next host in an ever-growing feeding frenzy. The CEO exists as an intermediary between corporate profits and share-holder dividends.
>>534829072Because he know tons of retards will think it is a giga smart gotcha.
>>534817829>We need a return to 1950s corporate tax rates. If you want to hoard all the money while producing no jobs for Americans (only discount servile H1Bs), then you can pay higher taxes.Exactly. Not giving jobs to americans should be punishable as theft. You want jeets, go build in jeetland.
>>534818214But think about the robots
>>534817289>>534817573>His companies get back more than he pays in government funding.>>534817573
>>534817573This is correct. We PAY subsidies to OIL COMPANIES who are making profits right now by the motherlode. Elon is a welfare queen.
>>534817289Imagine living in a country with the term "sick days" and defending billionaires.Jews really cultivated you to the perfect golem form.
>>534817289>The solution has always been to cut spending not raise taxesTell that to politicians (government griftters) and gubmint employees getting they gibs.
>>534817289'Tax Billionaires' igunctions to fool cattle into thinking thete is free money damaging the US while driving money out of the US damaging the US and helping tye foreign countries paying the 'Tax Billionaires' shills
Most of these people robbed us through inflation. They're not smarter, they're simply better connected to (((bankers))) and they have no moral objection to stealing from society through what is in essence, legalized counterfeiting.
