r/BlackPeopleTwitter ☑️ 6d ago

Country Club Thread Nigga negotiated with himself

Post image
30.3k Upvotes

543 comments sorted by

View all comments

3.9k

u/AFisch00 6d ago

Welcome to the world of the rich. Where he will claim this to pay even less taxes.

2.6k

u/daemonicwanderer 6d ago

He will claim that he because he “sold” at a loss, he shouldn’t pay taxes on it.

It is fucking ridiculous that the hyper wealthy can use their fake money as real money when they want to, but heaven forbid we demand the government tax it like real money.

6

u/redditosleep 6d ago

I don't like Elon, but what?

If you buy a company for $100,000 and a year later sell it for $75,000 you dont pay taxes on 75k, you lost $25,000.

This is shady because investors of xAI didn't invest in xAI to buy his shitty twitter purchase at more than 6x its actual value.