Elon Musk

BlueMoonAcrossThePond said:
Google AI agrees with your statement - yet I wonder how robust extant laws are.

In other words... is it possible for some exceedingly rich guy to dodge US taxes in the event that taxes on the ultra-rich are significantly increased... through some legal maneuver?

My bet: yeah, it's still possible through some legal loophole or other for an ultra-rich guy to dodge US taxes.

But... who knows? - the above conjecture is untested. Currently, tax in the USA on the ultra-rich is ridiculously low and numerous loopholes exist to dodge taxes... so there's zero motivation for the ultra-rich to claim citizenship in another country to avoid taxes. The current laws on the books may - or as I think, probably may not - prove adequate in case that taxes in the USA on the ultra-rich increase significantly.
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Obscenely wealthy people don't have earnings, they take loans from their company. So yeah, chances are there are many ways for them to avoid any meaningful tax.

Having said that, if Trump really wanted to crack down on billionaires outside of the US (fat chance), he could definitely implement things to make it extremely difficult to live outside of the USA and still access its markets. The US is still the world's biggest single market AFAIK, and so there is potentially an exceptional amount of power there to say people with significant assets in certain tax havens cannot do business in the US. But let's not pretend that the world's most rich wanker friendly country is likely to do anything like that any time soon.
 
BobKowalski said:
He does.

Conservatism in the US is a moral vacuum. It is a void. It has no warmth, no humanity, no empathy. It celebrates our worse traits and calls them ‘Christian’. As a country it will be long while before the US washes off the stink of President Paedo.
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Yes, Christian is our worst trait. Got it
 
I'm With Stupid said:
Obscenely wealthy people don't have earnings, they take loans from their company. So yeah, chances are there are many ways for them to avoid any meaningful tax.

Having said that, if Trump really wanted to crack down on billionaires outside of the US (fat chance), he could definitely implement things to make it extremely difficult to live outside of the USA and still access its markets. The US is still the world's biggest single market AFAIK, and so there is potentially an exceptional amount of power there to say people with significant assets in certain tax havens cannot do business in the US. But let's not pretend that the world's most rich wanker friendly country is likely to do anything like that any time soon.
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Remember Cheney's company Halliburton.. was an American company but became multinational and keeps most of its assets/ wealth overseas now.

I suspect Meta/ Google/ Microsoft and other software giants will do the same because ultimately America is only 3% of the world's population. So would you have access to 97% of the world market or 3%?

Amazon might have a tough time with that since a considerable part of it's business is delivering stuff to Americans.. but it's looking to expand overseas.

And as go the top 50 companies.. so goes the US market. I mean if Xi can sweeten a deal for NVIDIA.. 10% of the US market wealth is gone overnight.

The CEO's are not all stupid.. they have to see what's coming.. and moving to other tax havens like Dubai/ Luxembourg or something, won't really hurt their bottom line. If anything it'll probably give them more access to top labor markets and not have to deal with the hassle of H1B's.

Basically the US likes to pretend it's a strong country but it's a paper tiger. The only thing it has going for it is the US Dollar reserve but we're in a process of de-dollarization.
 
BobKowalski said:
The US is not a Christian country, it worships Mammon to the exclusion of God and at the expense of humanity. Jesus put Mammon and God in direct opposition to each other. You put entities and corporations above people. Mammon above God.
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Lol. Ok Bob. Lets go back to politics, Trump and Elon hating... You are stronger there.
 
Blue_Lightsaber said:
I suspect Meta/ Google/ Microsoft and other software giants will do the same because ultimately America is only 3% of the world's population. So would you have access to 97% of the world market or 3%?
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Don't they represent something like 25% of all consumer spending though? You see this on platforms like Youtube. A million views in America is worth way more than a million views in India, because American advertising revenue is way higher, because you can sell more stuff at a higher price to Americans. Same with Europe.

The potential for big economies like the EU, USA, Japan and China to cripple tax havens if they wanted to is incredible. But they don't do it because they super rich have politics all sewn up and many of those in power are personally enriching themselves using the very same mechanisms.
 
Dax777 said:
Lol. Ok Bob. Lets go back to politics, Trump and Elon hating... You are stronger there.
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“No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and mammon.”

As a country you chose Mammon. As a leader you chose the servant of Mammon and elevated him above Christ.
 
Dax777 said:
Yes. Im totally glad i voted Trump. And i am mostly satisfied... I wasn't expecting to love his every action or utterance.

But overall? Totally satisfied. I know the 'inner sect' here paint as grim a picture as they can muster, but you can check amongst Americans. Those who voted for him are generally satisfied with what he is doing.

I know it never makes the news here, but CNN has been polling satisfaction amongst voters since he got in office...And every single time, the results are the same... Same percentage of people or higher say they'd have voted for him.

The interesting part is a greater number now say they wouldn't have voted for his opponent.

So if the elections were held today, hed probably win with a bigger margin.

Make of thT what you want.
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No big deal really.
Just confirms the people who voted for Trump, were and still are fuckwits.
 
Dax777 said:
Lol. Ok Bob. Lets go back to politics, Trump and Elon hating... You are stronger there.
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He's spot on, MAGA use Christianity as tool to mask there racist and backwards agenda.
vast majority of those who worship God and Jesus over there couldn't even name a chapter from the Bible, much like your hero actually.

 
BlueHammer85 said:
He's spot on, MAGA use Christianity as tool to mask there racist and backwards agenda.
vast majority of those who worship God and Jesus over there couldn't even name a chapter from the Bible, much like your hero actually.

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It happens in this country to a lesser extent too.

They are Christians as they believe in Christ. They just don’t follow his teachings.

It’s the polar opposite of me, who doesn’t believe in sky fairies, but thinks a lot of the moral framework within the bible is a decent one to live life by.
 
BobKowalski said:
“No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and mammon.”

As a country you chose Mammon. As a leader you chose the servant of Mammon and elevated him above Christ.
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Ok Bob.
cookster said:
No big deal really.
Just confirms the people who voted for Trump, were and still are fuckwits.
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Hmmm. Tell us more.
BlueHammer85 said:
He's spot on, MAGA use Christianity as tool to mask there racist and backwards agenda.
vast majority of those who worship God and Jesus over there couldn't even name a chapter from the Bible, much like your hero actually.

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Neither he nor you have a clue. At least as far as Christians are concerned. But you are right though on one point. Trump isn't much of a Christian. You know, kinda like ALL the Democrats.
 
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