$Tesla (TSLA.US)$ the best part about this is that it should...
$Tesla(TSLA.US$ the best part about this is that it should serve as a massive retort to our president and the rest of the prevaricators on the left who like to claim that the rich don't pay taxes or their "fair share." $15B in one year is probably more than the collective members of congress and their families have paid in the last 50 years. It also points out the fallacy of soaking the rich to both pay off our debt and the largess the left wishes to issue forth to transform American society. 15B is a lot of money but it is only 1/2000 of the current national debt...to say nothing of the rising costs of existing entitlements, before adding any new ones. You could confiscate all of Bezos, Gate's, Musks, Zuckerberg,
Ballmer and Buffet's wealth and it wouldn't even pay for the infrastructure bill they are trying to pass
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jja2021 : I think this proves even more they dint pay their taxes.
Brain Gomes : But rich peoples ability to borrow against their large stock holdings to fund their lifestyle mean that their wealth continues to grow instead of having to sell and actually pay taxes. If their stocks continue to tise then they can afford larger loans. It is like living and putting your income in the ira.
Poor people dont have this option.