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  1. Embed this notice
    Chuck Darwin (cdarwin@c.im)'s status on Friday, 31-Jan-2025 15:40:57 JST Chuck Darwin Chuck Darwin

    Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show,
    despite the company having raked in billions of dollars in income and being the most valuable car company in the world
    https://truthout.org/articles/tesla-paid-zero-federal-income-tax-in-2024-despite-2-3-billion-in-income/

    In conversation about 5 months ago from c.im permalink

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    1. Domain not in remote thumbnail source whitelist: truthout.org
      Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income
      from Sharon Zhang
      This brings Tesla’s average tax rate over the past three years to 0.4 percent.
    • Embed this notice
      Steve's Place (steter@mastodon.stevesworld.co)'s status on Saturday, 01-Feb-2025 08:21:02 JST Steve's Place Steve's Place
      in reply to

      @cdarwin I know someone who got wiped out because, during the dot-com boom, he played with the market he didn't understand and made $1.5 million on paper by investing in all of the name brands. The crash happened after the end of the fiscal year. Congress stopped allowing the periodically poor to income average many years ago. He was supposed to pay the tax at the higher tax rate after that fake money he never had was obliterated, well before April 15th of the following year.

      Yet this hateful Musk bigot, an immigrant racist who delights in shoving his grinning face into our business, paid nothing. Absolutely nothing.

      Fuck this system and its bullshit. It's all for the wealthy and destitution for the rest.

      In conversation about 5 months ago permalink

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