ShowsMoviesClips
Whether it's iconic movie scenes or your favorite TV show moments, you’ll find thrilling clips that remind you why you fell in love with the screen. Relive the highlights and discover the behind-the-scenes magic.
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312 Comments
we get upset at rich ppl for not paying enough taxes... they use legal ways to avoid those taxes and I'm sure you will too if you were rich... so why do we complain about them?
Elon Musk is not American he’s from South Africa
Elon paid a butt ton of taxes.
Ppl hate on him, like him or not dude is brilliant, glad hes american.
Always hear this but at some point they have to pay back the loan right?
and! no politician...republican nor democrat...will change the law on this. because it helps them AND their friends.
but is he paying interest on 10 million dollars to a bank?
This is why they don't need tax cuts .They don't pay their fair share of taxes.And we are all letting them get away with it. The tax codes need to be changed so they can't cheat,but ur wealthy elected officials also benefit from them so nothing will change. We are fighting against our own self interests .
thank your government for the tax code system
So when he eventually has to pay back the loans he needs to sell some stock that is taxed on capital gains
all this says is that is a really smart guy that knows how to work the system legally
so many loopholes written by the rich, for the rich... yet all of us little guys get completely screwed. that aint what America was founded on. BOTH THE LEFT AND RIGHT DO IT. at least trump is trying to end insider trading... WHICH IS ILLEGAL BUT THEY ALL DO IT N NOBODY STOPS THEM OR INVESTIGATES. our tax dollars go to corruption n trump knows that
How does he pay back the loan? By liquidating stock and paying taxes.
but whatever money he does get whatever he buys he still gets taxed regardless
so where does he get the income to pay back the millions in bank loans?
Elon paid more taxes then any individual ever
it's only the leftist party who if they made billions of dollars would say I would give it all to the poor people so they would all be rich but the reality is they'll push you down call you a Nazi and wonder why they were fired
everyone complains but everyone uses the same tax loopholes, if you received a tax refund you used the loopholes
just like Trump he uses the system that's already in place that's not tax evasion that's brilliance
So does he sell the bank the stocks how does he pay the debt back if he’s using the banks money
thats why he worked 100 hours a week there. to bring is value up
its not the rich that use this .. its the informed and educated
smart enough to find the loophole corrupt enough to use it !
that's what they call a very small business man.
how does he pay the loans back?
sounds ingenious to me
leverage
Elon has paid the most in taxes than anyone ever? Let’s stop pretending we’re entitled to what others have. Want to be rich? Stop buying things you don’t need to impress people who don’t care the more money you invest the more you get sleep on a couch for a year eating ramen noodles save your money if you can live with it don’t buy it when you’re ready to do that you’re on your way
doesn't stop democrats saying it non stop to trick the poor man into voting for them to "go after the rich" even tho they all millionaires themselves 😂
Crazy how they avoid taxes, still make up 49-51% of all federal taxes and yall still complain that they know what you don’t. Hating on another man’s come up is communism and gay.
It’s not legal by human standards, it’s legal because a corrupt government allows this kind of criminal activity. Allowing people to destroy businesses by greed. That’s income only a different type of currency, that’s should be taxed exactly the same way. When the stock price rises you’re taxed that amount. Screw those criminals.
they still tax that shit once you sell it u have to report it because it became cash or money not stocks so anyways still have to pay tax just not at the moment but once the stocks are sold it becomes a matter of time to report it
So what’s paying the loans off or even the interest, there’s got to be income otherwise banks won’t loan regardless of collateral.
this is why regular tax payers get stuck paying for all the wealthy gets richer every single day
but he has to get the money to pay the loan. once he sells stock or takes money out that income
curious, do rich people have to pay back their loans like the rest of us?
explain what happens when the bank wants their money back though?
So instead of taxes, you pay interest. You pay either way
Just came to see the gullible people 😂
Smart man with excellent accountants
He pays interest on the loan, people
the loop holes need to be closed
Get it how you can
smart man
yep
ok, how about starting to tax stock options... we should not have a none taxed class
Same basic thing homeowners do when their houses go up in vale and then they either refinance or take out a home equity loan. No tax is due unless they actually sell it.
these lands belong to natives 😁
he's smart
Debt is not taxed, but debt RELIEF IS ABSOLUTELY TAXED.
Yeah but he eventually has to pay the loans back and he can’t do that with stocks..
the value money has is only there if we pretend its there. the power of money is the power of our imaginations... working agsinst us... and making a handful of folks stuperwealthy. lets try something better ^_^