“@zerohedge Senator Karen’s main economic & tax advisor is SBF’s Dad. I suspect some of this is coming from him. https://t.co/RZAKyEdFYS https://www.foxnews.com/politics/sam-bankman-frieds-father-drafted-tax-legislation-elizabeth-warren-donated-thousands-dems.amp”
The tweet archive.
15 years of Elon, fully searchable. The production archive uses Supabase as the source of truth, with 94,952 indexed tweets available in development as a full-archive fallback and a curated annotation layer for context, theory, and how major claims aged.
“@paulg @zerohedge Transferring capital from highly efficient capital allocators (entrepreneurs) to highly inefficient capital allocators (government) would destroy the economy, making everyone worse off. Btw, SBF’s father is Elizabeth Warren’s tax legislation advisor. Let that sink in.…”
“@WallStreetSilv This administration ushers in illegals by every means possible, paid for with your tax dollars”
“The far left US administration is using your tax dollars to fly violent criminals into America”
“@RepThomasMassie I’m fine with a min 25% tax (my record tax payment was roughly 50%!), but, as you point out, it is false of Biden to claim that a 25% min for “billionaires” will solve the deficit.”
“@stillgray Tax dollars at work”
“@RichardHanania True. All things considered, it would be better to legalize, regulate and tax drugs, just as we do with alcohol and cigarettes, both of which are drugs that cause millions of deaths every year worldwide.”
“We should not, for example, impose draconian laws on farmers or make citizens uncomfortable by limiting air-conditioner usage! Keep tax revenue constant, but shift it to tax what is probably bad (CO2), just like alcohol & cigarettes are taxed more than fruits & vegetables.”
“The only action needed to solve climate change is is a carbon tax”
“@RepThomasMassie That is because they were largely improperly sued into oblivion by class action lawyers. Class action reform is sorely needed, as it is a massive hidden tax in consumers. I recommend requiring that at least 10% of a class be required to vote for the lawsuit for it to be…”
“@WallStreetSilv America is headed to where a majority of income tax is just to pay interest on the debt”
“@teslaownersSV There absolutely will be. Either their structure is valid and everyone should be doing it, because “investing” in a non-profit with pre-tax money and then extracting the IP to a for-profit would double your returns. Or It is not valid and the entire structure of OpenAI falls…”
“@BillyM2k It’s real if you have to pay taxes, but otherwise not real?”
“@alex_avoigt Are you believing the bs press or something I actually wrote? If it is something I wrote or said, what is it exactly? I have not “supported” any political party and don’t know AFD from a hole in the ground. I simply asked if the German public was aware that their tax revenues…”
“@BillyM2k Exactly. The only way the deficit actually gets paid is taxing the living daylights out of everyone.”
“@garrytan They want war? Let’s give it to them. We cannot let these snakes win or San Francisco will end up like Detroit. The clincher was discovering that this is actually just a tax write off for Latham, not actually “pro bono” at all.”
“@growing_daniel Can we at least know how they will spend American tax dollars? I don’t mind some corruption, but it would be nice to know roughly how many pennies on the dollar are making it to the average person in Ukraine.”
“@JoeBiden In all seriousness, I agree that we should make elaborate tax-avoidance schemes illegal, but acting upon that would upset a lot of donors, so we will see words, but no action. Those who will actually be forced to carry the burden of excess government spending are lower to…”
“@DavidSacks Isn’t California required to keep some portion of excess tax receipts in a “rainy day” fund?”
“@stats_feed This is incorrect. The de facto US national income tax is 40%. When added to California state income tax, it is 53%. That means the state confiscates a majority of your income. But hey, at least they’re fixing the potholes, right? If you then give money to a person beyond the…”
“@POTUS @CommunityNotes I certainly agree that everyone should pay taxes and not engage in elaborate tax-avoidance schemes. Would be curious to hear how these other “billionaires” are so good at avoiding taxes! We should get rid of GRATs, but maybe other things too.”
“@POTUS I paid 53% taxes on my Tesla stock options (40% Federal & 13% state), so I must be lifting the average! I also paid more income tax than anyone ever in the history of Earth for 2021 and will do that again in 2022. @CommunityNotes, is the 3% number cited above accurate?”
“@WallStreetSilv A quarter of all taxes just to pay the interest on the debt”
“@WallStreetSilv Even if you tax every billionaire in America at 100%, it barely makes a dent in the national debt. In the end, the government will be forced to tax everyone to pay the debt. Btw, $31T doesn’t include unfunded liabilities, which are *much* higher.”
“@BillyM2k Your tax dollars at work …”
“Did you know Apple puts a secret 30% tax on everything you buy through their App Store?”
“@slashdot App store fees are obviously too high due to the iOS/Android duopoly. It is a hidden 30% tax on the Internet.”
“@heydave7 Current class-action law is actually a massive tax on the American people and desperately needs reform. It is one of the reasons medication is so expensive in the USA. Somehow, other countries do just fine without class-action law.”
“@LindseyGrahamSC First of all, Tesla hasn’t had that consumer tax credit for years & we didn’t ask for this one – GM & Ford did”
“@BillyM2k Arguably, we know more than nothing. “Death & taxes are a certainty” – BF.”
“@teslaownersSV Buyers of competing electric cars receive a $7500 tax credit, but Tesla does not”
“@S3XYstarship @IWill_Travel @AOC This would be a super bad idea, since stocks can swing wildly from one day to the next, eg Snapchat dropping 43%. Tesla is ~40% below ATH! However, eliminating estate tax dodges like GRATs would be good, since probability of kids being effective stewards of capital is lower.”
“@micarrdc It’s accurate to say that incentives were an accelerant to EV adoption, but we started Tesla when there were no incentives & gasoline was $2/gallon even in California. Tesla currently has a tax credit *disadvantage*, because the $7500 tax credit stopped applying to us years ago.”
“@micarrdc It is accurate to say that incentives were an accelerant to EV adoption, but we started Tesla when there were no incentives & gasoline was $2/gallon in California. Tesla currently has a tax credit *disadvantage*, because the $7500 tax credit stopped applying to us years ago.”
“@slashdot Apple’s store is like having a 30% tax on the Internet. Definitely not ok.”
“@SteveofRivia @almeneses1 @SawyerMerritt I’m pretty sure I’ve paid the most taxes of any individual ever to California, but it isn’t obvious what is done with the money”
“@JohnnaCrider1 @Ravoyd @SawyerMerritt @SenWarren The only reason I didn’t pay federal tax in 2018 is because I *overpaid* in 2017! Since they stole my tax records, they actually know that.”
“@SawyerMerritt Will visit IRS next time I’m in DC just to say hi, since I paid the most taxes ever in history for an individual last year. Maybe I can have a cookie or something …”
“@engineers_feed All these different standards for electricity are a tax on humanity”
“@teslatidbits @WholeMarsBlog @DanCrenshawTX A strong bias towards consumption tax makes sense”
“@DanCrenshawTX Agreed. Taxes do need to be collected, but what is the best way to do this that maximizes area under the curve of the happiness of the people?”
“For those wondering, I will pay over $11 billion in taxes this year”
“@SenWarren And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year”
“@WatcherGuru Taxing all billionaires at 100% only drops national debt by ~10%, which is just one year of deficit spending”
“@BillyM2k @heydave7 Indeed. Over time, Tesla will generate hundreds of billions for the government in terms of employee income tax, product sales tax and property tax, in addition to profit taxation.”
“@itsALLrisky @SenSanders Agreed, taxes are best applied to (especially extravagant) consumption, whereas capital allocation taxes reduce goods & services output, so actually bad for the people. Probable capital allocation skill of heirs is lower than original creator, so I am in favor of an estate tax.”
“@dogeofficialceo @daelmor @SenSanders Regretamine, it’s like a 100% tax on all your regrets!”
“@Blockworks_ Inflation is the most regressive tax of all, yet is advocated by those who claim to be progressive”
“@heydave7 @WholeMarsBlog A careful observer would note that my (low basis) share sale rate significantly exceeds my 10b (high basis) option exercise rate, thus closer to tax maximization than minimization.”
“Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”
