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Post by overthehill on Mar 12, 2024 21:39:25 GMT
Another thread that should already exist.
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mogish
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Elon Musk
Mar 12, 2024 21:45:29 GMT
via mobile
Post by mogish on Mar 12, 2024 21:45:29 GMT
Maybe he moved the foundation to Texas.
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Mar 13, 2024 15:29:21 GMT
My understanding is that what little funds have been distributed, are not really given out in a truely philanthropic way
so for example 5 of his kids were amongst those attending an exclusive school part funded by the charity
most donations are to staff or Musks per projects
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mogish
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Elon Musk
Mar 13, 2024 17:26:09 GMT
via mobile
Post by mogish on Mar 13, 2024 17:26:09 GMT
A tax dodge then?
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keitha
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Post by keitha on Mar 13, 2024 18:28:07 GMT
It would appear to be so
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Post by martin44 on Mar 13, 2024 19:16:02 GMT
This guy is my hero ... hard work.. risk's and belief.
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mogish
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Elon Musk
Mar 13, 2024 20:24:47 GMT
via mobile
Post by mogish on Mar 13, 2024 20:24:47 GMT
Indeed... and quite entertaining when he appears occasionally on Joe rogan.
However I think we would be naive to think his main goal is to save the planet.
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Post by overthehill on Mar 15, 2024 13:54:55 GMT
Try to imagine that your lifetime income had all been tax free. The wealthier you are, the easier it is.
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Steerpike
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Post by Steerpike on Mar 15, 2024 15:32:42 GMT
Try to imagine that your lifetime income had all been tax free. The wealthier you are, the easier it is.
Elon Musk paid $11 billion tax in 2022, the highest in history.
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adrianc
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Post by adrianc on Mar 15, 2024 15:46:20 GMT
Elon Musk paid $11 billion tax in 2022, the highest in history. Capital Gains on soon-to-expire share options that were matters of public record, so could not be denied or fudged. He paid $0 income tax, as he claims to have no income, only share options and dividends. His next share option expiries are 2028. edition.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.htmlTesla paid $0 US federal corporation tax at the same time, claiming their $6bn profits were entirely from their 55% non-US revenue (and paid $840m tax on them), while the US 45% revenue generated $130m losses.
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Post by overthehill on Mar 15, 2024 15:48:01 GMT
Stock options about to be worthless is not income or profit. Great publicity though, what a guy.
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Post by overthehill on Mar 16, 2024 19:49:56 GMT
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michaelc
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Post by michaelc on Mar 16, 2024 19:56:39 GMT
If you wanted to attack a billionaire why would you go for Musk (or Gates or Besos for that matter) who has at least achieved a huge amount in his life.
Contrast that to so many others. Arab oil billionaires, Russian Oligarchs etc most of whom just wander around the world on their mega yachts and do absolutely nothing interesting, innovative or even helpful to their fellow personkind* .
Or you hate Musk more than a typical billionaire slob because of his right wing politics ?
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Greenwood2
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Post by Greenwood2 on Mar 16, 2024 20:25:04 GMT
If you wanted to attack a billionaire why would you go for Musk (or Gates or Besos for that matter) who has at least achieved a huge amount in his life. Contrast that to so many others. Arab oil billionaires, Russian Oligarchs etc most of whom just wander around the world on their mega yachts and do absolutely nothing interesting, innovative or even helpful to their fellow personkind* . Or you hate Musk more than a typical billionaire slob because of his right wing politics ? I guess the others make no impact and do no (obvious) harm. There are lots of rich people out there who just live their lives.
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k6
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Post by k6 on Mar 16, 2024 21:04:14 GMT
Constant / frequent support for Russia by Musk its an absolute joke. He says as much as he is paid for. putin - trump - musk a three musketeers
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