291–300 of 767 posts
Elon’s going to get away with this. Even though he shouldn’t. The rich play by different rules and the law lets them. If the rest of us did the same we would have to pay ridiculous fines and/or spent time behind bars.
You don’t know Musk, or the backend, or anything at all besides what the media tells you and that isn’t 1/10th the whole story.
I get why people wanna talk about it, just not be absolute “well I know this for a fact” smugness that most of the comments here have.
The reality is NONE of you actually KNOW anything and won’t until history determines the victor and you learn some more of that side.
This article says Musk agreed to buy Twitter mostly as a joke. I think there's a far better explanation. This wasn't a joke for Musk because after agreeing to buy Twitter he proceeded to sell billions of dollars' worth of TSLA stock, supposedly to finance the purchase. Even for the richest man in the world that's not a joke. I think a better explanation is that Musk offered to buy Twitter as a cover for selling billi…
He's sold plenty of Tesla stock over the years. No real need for him to make up a story.
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Taking your version of events at face value: Musk hired a private investigator to dig up dirt on someone who merely criticized his rescue plan, received some lies from said investigator, and uncritically repeated them to his massive social media following, thus smearing the person concerned ... and this makes Musk a tireless advocate for the truth and social media sanity. Musk cultists are the worst. PS, if Musk can…
Is this different to total percentage of false or spam accounts? The monetizable daily active users seems like a very specific subpopulation of total twitter accounts.
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> What if the court orders Musk to close the deal and he says no? I can't believe people are taking this very silly statement seriously. This is utter nonsense. There are remedies for people who disobey court orders. Having assets makes you more vulnerable to a court's authority because you have something to lose. If a court orders specific performance and he doesn't do it then he's liable and the court will take his…
Ok let’s say he has a bunch of stock as well as paintings, cars, etc. how do you divvy that up? Cut the painting in half and give it to Twitter? The rich are very wise at hiding money in assets that cannot be evenly divided nor distributed. That’s why the vast majority of taxes in the US comes from the middle class, they usually sit on piles of cash and have salaries from which to levy fines to.
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Smoking weed makes you lose your security clearance, Musk did it on camera and still has his because of "reasons". That is one example of the rules that apply to most others not applying to him.
Probably also an example of a rule that should be retired. Either that or they should remove clearance if you enjoy whisky.
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Anytime the idea of a wealth tax is brought up, I see commenters coming out of the woodwork to say that it would be impossible to actually collect it from the wealthy. Though I will note that it seems like we are able to collect yachts and planes from Russian oligarchs now, so perhaps our techniques have advanced in the last few months.
Russian oligarch yacht seizures are a better argument for them than for you. They're worth tens of billions of dollars, and all the US can get is a nine figure boat.
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According to the Laffer curve it should probably be 70% or so to maximize government income, but yes. If you tax them 100% they'll just stop working or bail to another country, and then you collect zero tax revenue from them. At 70% most of them will just suck it up and pay. (I realize France is a counterpoint here, but I'd argue it was a half-assed attempt, and they have neighboring French-speaking tax havens that h…
The Laffer curve is a fact-free zone except for at it's two end points. The reality is that nobody knows for sure what the curve of revenue vs. tax rate looks like other than at those two end points, which makes the entire concept completely useless.
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Taking your version of events at face value: Musk hired a private investigator to dig up dirt on someone who merely criticized his rescue plan, received some lies from said investigator, and uncritically repeated them to his massive social media following, thus smearing the person concerned ... and this makes Musk a tireless advocate for the truth and social media sanity. Musk cultists are the worst. PS, if Musk can…
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I'm not perfect, but at least I haven't tried to ruin someone by spreading lies about them to millions of Twitter followers.