A trillionaire??

[NPT]

Think he will survive?

https://www.cnbc.com/2024/10/12/elon-musk-could-become-worlds-first-trillionaire.html?utm_source=pocket-newtab-en-us

 

[mcmurtry66]

Think he will survive?

https://www.cnbc.com/2024/10/12/elon-musk-could-become-worlds-first-trillionaire.html?utm_source=pocket-newtab-en-us

“If you look at the list of the richest Americans, whether we’re talking about Elon Musk or Jeff Bezos, the reason people get super rich is they start a company and they grow that company,” said James Pethokoukis, economic policy analyst for the American Enterprise Institute. “And the reason that company keeps growing and growing is [it’s] producing something valuable that people want,” Pethokoukis added.

it's producing something valuable that people want. huh.

 

[Ohio Guy]

“If you look at the list of the richest Americans, whether we’re talking about Elon Musk or Jeff Bezos, the reason people get super rich is they start a company and they grow that company,” said James Pethokoukis, economic policy analyst for the American Enterprise Institute. “And the reason that company keeps growing and growing is [it’s] producing something valuable that people want,” Pethokoukis added.

it's producing something valuable that people want. huh.

Damn - why didn’t I think of that?

 

[NPT]

Damn - why didn’t I think of that?

Did you know that water is wet? 🤣

 

[T.M.P.]

Did you know that water is wet? 🤣

Water is not wet. It can though make things wet.

 

[ChicagoFineForNow]

“If you look at the list of the richest Americans, whether we’re talking about Elon Musk or Jeff Bezos, the reason people get super rich is they start a company and they grow that company,” said James Pethokoukis, economic policy analyst for the American Enterprise Institute. “And the reason that company keeps growing and growing is [it’s] producing something valuable that people want,” Pethokoukis added.

it's producing something valuable that people want. huh.

How much do Elon and Bezos pay in payroll taxes? Real estate taxes? Corporate income tax? For those companies they founded?

All so so brain dead politicians can chastise them for not paying their "fair share".

 

[mcmurtry66]

How much do Elon and Bezos pay in payroll taxes? Real estate taxes? Corporate income tax? For those companies they founded?

All so so brain dead politicians can chastise them for not paying their "fair share".

i don't like seeing brain dead politicians act as steward of anything. the notion of these successful people turning money over to a joe biden to just piss away like monopoly money is awful. but that's sort of separate from the idea of taxes. corp tax rate of 21 percent with probably a real tax of 10 percent with many paying zero and even getting refunds. so many loopholes. accelerating depreciation. offshoring profits. on and on

 

[Harry Hondo]

“If you look at the list of the richest Americans, whether we’re talking about Elon Musk or Jeff Bezos, the reason people get super rich is they start a company and they grow that company,” said James Pethokoukis, economic policy analyst for the American Enterprise Institute. “And the reason that company keeps growing and growing is [it’s] producing something valuable that people want,” Pethokoukis added.

it's producing something valuable that people want. huh.

Well, in Musk's case, it's buy a company and grow it. Article says that most of his money is from Tesla and he just became the majority stockholder in 2006. Tesla was started in 2003 by two engineers. To his credit he saw the future in electric cars and knew that Tesla was a good one to invest in and promote.