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Elon Musk vs. Fake Indian Senator Lyin’ Lizzie Warren
By way of background, Elon Musk had already asked people on Twitter whether he should sell 10% of his Tesla stock. He did so a month ago in response to earlier American Marxist moves to tax unrealized (paper) gains in the value of stocks and other assets. How about paying taxes on the estimated gain in value of your home, or your retirement fund, before you cash out by selling? That is the idea Elon Musk attacked on behalf of all of us.
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” he tweeted Saturday afternoon. “Do you support this?
With that background, here is the unrolled Twitter thread. Set your drink down before reading. Musk’s Twitter avatar is the SpaceX Starship, a cool retro-futuristic image of a cool prototype project aimed at the Moon and Mars. His Twitter feed is as bold and thoughtful as his grand terrestrial and space engineering programs. I have bolded the text and the number of likes, for ease of reading. Embedded quotes, linked to other sources, are italicized.
Elizabeth Warren @SenWarren
Dec 13
Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else.
bostonglobe.com
Elon Musk named Time’s Person of the Year – The Boston Globe
Elon Musk was named Time magazine’s “Person of the Year,” capping a run during which the head of Tesla Inc. solidified his standing as the world’s richest person and turned his onetime electric-veh…
51.8K likes
—
Elon Musk @elonmusk
Replying to @SenWarren
Stop projecting!
foxnews.com
Elizabeth Warren is a fraud — Her lies about being Native American disqualify her from presidency,…
Sen. Elizabeth Warren repeatedly and deliberately sought to benefit in her personal, academic and employment life by posing as a Native American.
1:11 PM · Dec 14, 2021·Twitter for iPhone 70.8K likes
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Elon Musk @elonmusk
Dec 14
Replying to @elonmusk and @SenWarren
You remind me of when I was a kid and my friend’s angry Mom would just randomly yell at everyone for no reason
119.6K likes
Elon Musk @elonmusk
Replying to @elonmusk and @SenWarren
Please don’t call the manager on me, Senator Karen [folded hands emoji]
1:49 PM · Dec 14, 2021·Twitter for iPhone
15.7K Retweets 4,548 Quote Tweets 137.6K Likes
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Elon Musk @elonmusk
Replying to @SenWarren
And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year
4:30 PM · Dec 14, 2021·Twitter for iPhone
12.4K Retweets 1,551 Quote Tweets 111.9K Likes
—
Elon Musk @elonmusk
Replying to @elonmusk and @SenWarren
Don’t spend it all at once … oh wait you did already
4:33 PM · Dec 14, 2021·Twitter for iPhone
10.2K Retweets 1,442 Quote Tweets 105.3K Likes
As Bloomberg reports, Elon Musk may pay more than $10 billion in federal taxes for 2021.
The world’s richest person and chief executive officer of Tesla Inc. could face a tax bill of more than $10 billion for 2021, if he exercises all his options due to expire next year, according to Bloomberg calculations. While it’s hard to say whether that would be a record — the Internal Revenue Service doesn’t publicly reveal individual tax filings — it would certainly rank as one of the biggest payments of all time.
[…]
Musk faces the unusually high tax bill after exercising almost 15 million options and selling millions of shares to cover the taxes related to the transactions. That was following a Twitter poll last month where he asked whether he should sell 10% of his stake in Tesla — shares of which have rocketed higher more than 2,300% in the past five years.
If so, I expect Elon Musk will publish that tax return, or at least the summary pages, for all to see, and challenge all the penthouse progressive billionaires to ante up, putting their own money where their mouths are. At the same time, he would be justified in pointing out that his “contribution” is not even a rounding error in the wild fiscal fantasy playing out in Washington. When Congress is summoning trillions of dollars out of thin air, ten billion is insignificant. It is only one percent of the first trillion conjured by Congress this year.
Published in General
That was a great Twitter exchange hahaha
Good point.
The bolded part isn’t quite true. It’s not legal for them to publicly reveal individual tax filings, so they do it by leaks to ProPublica, then stonewall and obstruct congressional efforts to investigate the leaks.
Thanks for reminding us of that.
I was shocked that Time actually picked a man of the year that made sense. Musk deserves it (although the award has lost meaning).
That Warren would claim that Musk is “freeloading” is rich…
Great tweets!
PS
I wouldn’t be surprised if Liz was triggered, in the Freudian sense, by Elon’s Avatar.
It’s pretty hypocritical for Senator Karen to attack Elon Musk for getting wealthy off exactly the system of subsidies for “Green Energy” that she herself champions. The Infrastructure and “Build Back Better” bills likewise contain hundreds of trillions of dollars in even more “Green Energy” subsidies; enough to create many more Elon Musks who are canny enough to push their way to the front of the trough.
That said, a Liz Warren – Liz Cheney ticket in 2024 would be interesting, do you not think? Fake Cherokee meets Fake Conservative Carpetbagger?
There is the productive class and there is (at best) the class of persons that aid the productive class in producing. As a lawyer I was always aware that I was not part of the productive class and that my value to society lay in facilitating and not retarding their work. Liz Warren is a leach on the productive class and deserves all the opprobrium that can be flung her way.
I am really surprised it wasn’t Biden . . .
Makes me want to throw away my copy of Pow-Wow Chow…
Like real estate tax?
Another sign they have decided to get him out. But they have get Kamala away first.
Don’t do that, it’s worth more than a hundred dollars these days.
Nice work.
Only worse.
Sometimes a rocket is just a rocket.
I’d divest myself of the last one . . .