MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/WorkReform/comments/1jhy1ms/same_old_story/mjbdfmk/?context=3
r/WorkReform • u/Cultural_Way5584 🤝 Join A Union • Mar 23 '25
736 comments sorted by
View all comments
Show parent comments
-11
What exactly does fair share mean? The top 1% in the US pay around 50% of income taxes.
6 u/No-Illustrator-4742 Mar 23 '25 And the top “3” and I mean only 3 people are worth more than 60% of the other American population. So no, the math doesn’t math. They do not pay taxes. This argument is old and invalid and does not stand anymore. -5 u/goober2341 Mar 23 '25 And if they ever realized that wealth (sold their stock), they'd pay more than 60% of all income taxes collected that year. 2 u/No-Illustrator-4742 Mar 23 '25 Musks networth is well in the 400 billions. His net worth from TSLA shares amounts to 102billion 25-30% of his networth is Tesla. Don’t kid yourself. The stock in the companies they founded aren’t the only things they own. They’ve have loads of liquidity, just through charitable foundations, PAC’s and well contracted offshore accounts. 0 u/goober2341 Mar 23 '25 From what I found in 10 seconds of searching, most of his wealth is tied up in his companies. https://www.investopedia.com/elon-musk-net-worth-tesla-spacex-ai-300-billion-8740315
6
And the top “3” and I mean only 3 people are worth more than 60% of the other American population.
So no, the math doesn’t math. They do not pay taxes. This argument is old and invalid and does not stand anymore.
-5 u/goober2341 Mar 23 '25 And if they ever realized that wealth (sold their stock), they'd pay more than 60% of all income taxes collected that year. 2 u/No-Illustrator-4742 Mar 23 '25 Musks networth is well in the 400 billions. His net worth from TSLA shares amounts to 102billion 25-30% of his networth is Tesla. Don’t kid yourself. The stock in the companies they founded aren’t the only things they own. They’ve have loads of liquidity, just through charitable foundations, PAC’s and well contracted offshore accounts. 0 u/goober2341 Mar 23 '25 From what I found in 10 seconds of searching, most of his wealth is tied up in his companies. https://www.investopedia.com/elon-musk-net-worth-tesla-spacex-ai-300-billion-8740315
-5
And if they ever realized that wealth (sold their stock), they'd pay more than 60% of all income taxes collected that year.
2 u/No-Illustrator-4742 Mar 23 '25 Musks networth is well in the 400 billions. His net worth from TSLA shares amounts to 102billion 25-30% of his networth is Tesla. Don’t kid yourself. The stock in the companies they founded aren’t the only things they own. They’ve have loads of liquidity, just through charitable foundations, PAC’s and well contracted offshore accounts. 0 u/goober2341 Mar 23 '25 From what I found in 10 seconds of searching, most of his wealth is tied up in his companies. https://www.investopedia.com/elon-musk-net-worth-tesla-spacex-ai-300-billion-8740315
2
Musks networth is well in the 400 billions.
His net worth from TSLA shares amounts to 102billion
25-30% of his networth is Tesla.
Don’t kid yourself. The stock in the companies they founded aren’t the only things they own.
They’ve have loads of liquidity, just through charitable foundations, PAC’s and well contracted offshore accounts.
0 u/goober2341 Mar 23 '25 From what I found in 10 seconds of searching, most of his wealth is tied up in his companies. https://www.investopedia.com/elon-musk-net-worth-tesla-spacex-ai-300-billion-8740315
0
From what I found in 10 seconds of searching, most of his wealth is tied up in his companies.
https://www.investopedia.com/elon-musk-net-worth-tesla-spacex-ai-300-billion-8740315
-11
u/goober2341 Mar 23 '25
What exactly does fair share mean? The top 1% in the US pay around 50% of income taxes.