• Reminder: Do not call, text, or mention harrassing someone in real life. Do not encourage it. Do not talk about killing or using violence against anyone, or engaging in any criminal behavior. If it is not an obvious joke even when taken out of context, don't post it. Please report violators.

    DMCA, complaints, and other inquiries:

    [email protected]

Another lie - Pig says that he paid taxes in 2018

BonnieMcFarlaneMe2

❤️bonnie bonnie bonnie❤️
Forum Clout
86,055
Exactly, you just had dumb AOC make news for her idiotic “TAX THE RICH” dress while she is a member of government. The left praised her without realizing she’s big government who makes / votes on these tax related laws. Of course you can guarantee she’s not paying her “fair share” due to having an online store selling overpriced AOC merchandise and whatever she gets paid for speaking gigs. It’s like how that bum Bernie Sanders wouldn’t shut up about millionaires shouldn’t exist and are evil…until he become one. Now it’s Billionaires he’s angry at while owning 3 homes.
Bernie is 80 years old and it would be embarrassing if he wasn’t a millionaire. Pat is a millionaire and he’s only 52.
 

Chive Turkey

Erock Army Deserter
Forum Clout
32,420
It drives me insane to hear these left wing dopes claim the “rich” (of course it’s never Hollywood celebs, musicians, sports stars like LeBron, etc.) aren’t paying taxes when they play less due to their high paid accountants using every loophole available in tax law. They cry in the media they aren’t paying “enough” (what’s enough? It’s never said of course) like they are all breaking laws yet no law is broken. That’s why great accountants cost so much, they know every LEGAL way to pay less. Notice it’s never anger towards all the various tax laws (living in one state but on paper “living” somewhere else to avoid paying more, etc.) but just lame the rich don’t pay enough when the rich they are mad at are job creators.
These same retards then vote for crooked politicians who vow to levy higher taxes on the rich, not understanding that this just means raising income tax across the board and their middle class asses will be paying for the difference.

No government in the world is going to make the rich "pay their fair share", because they're completely dependent on them. It's the natural consequence of a welfare state, the state relies on an uberrich elite because they represent the vast majority of net tax income, even if they pay ugots on an individual level. It's far more preferable to have them dodge much of their taxes than to scare them off with a crackdown and risk losing it all.

It's not a bug, it's a feature. The average Twitteroid will never understand or break the cycle, because they are the kind of people who think 'billionaire' means having a billion+ in cash lying in a vault somewhere, like Scrooge McDuck.
 

FurBurger

What would you do for a Klondike bar?
Forum Clout
22,495
So Musk doesn't draw a salary from Tesla/SpaceX; he gets paid in shares. Since you can't eat shares (well, Pat probably can) Musk takes out loans against the value of those shares. Since it's a loan, and he has to pay it back, it's not counted as income; any more than when Fatrick buys something with a credit card it's not counted as income.

What Musk is counting on is those shares rising in value - he borrows a million on a million dollars worth of shares, and when it comes time to pay off the loan he sells them and hopefully the shares have gone up enough in value to cover the interest. That does mean that he needs to constantly increase the value of the company otherwise he's going to be on the hook for the interest; and so when things go to shit he has to sleep at the factory trying to get everything working again.

The thing is, Fatrick could do the exact same thing - sign over the rights to his current and future works to a holding company, and then borrow money based on the value of shares in that holding company (I think David Bowie did something similar to this).

Unfortunately, Fatrick's works appear to be dogshit, and his further writings seem to make his existing work worth progressively less.
 

CarolMaxheinie

Runner, Unlike Fatrick
Forum Clout
21,344
So Musk doesn't draw a salary from Tesla/SpaceX; he gets paid in shares. Since you can't eat shares (well, Pat probably can) Musk takes out loans against the value of those shares. Since it's a loan, and he has to pay it back, it's not counted as income; any more than when Fatrick buys something with a credit card it's not counted as income.

What Musk is counting on is those shares rising in value - he borrows a million on a million dollars worth of shares, and when it comes time to pay off the loan he sells them and hopefully the shares have gone up enough in value to cover the interest. That does mean that he needs to constantly increase the value of the company otherwise he's going to be on the hook for the interest; and so when things go to shit he has to sleep at the factory trying to get everything working again.

The thing is, Fatrick could do the exact same thing - sign over the rights to his current and future works to a holding company, and then borrow money based on the value of shares in that holding company (I think David Bowie did something similar to this).

Unfortunately, Fatrick's works appear to be dogshit, and his further writings seem to make his existing work worth progressively less.
You nailed it, this is what Musk does and it’s brilliant like most things he does. Patso has a blinding hatred for Musk out of jealousy and the fact that nothing Pat has ever created has been fit to purchase. To cope, he rants and raves and tries to sue his superiors (us).
 
G

guest

Guest
He and his kid touching friends are all about government handouts. People claiming to be “creatives” (code for useless) were the first to jump on these PPP loans and probably unemployment on top of it. To quote a fat man, They’ve never measured up in their lives, and they never will.

They don’t understand what they do is a hobby.
 

Chive Turkey

Erock Army Deserter
Forum Clout
32,420
Patso has a blinding hatred for Musk out of jealousy and the fact that nothing Pat has ever created has been fit to purchase.
You're looking too deeply into this, he hates Musk because the Twitter hivemind decided to hate him. That's only because the African-American starting saying unwoke things, he was le hecking science man just a few years ago.

Fat has no opinions of his own.
 
Forum Clout
27,752
You're looking too deeply into this, he hates Musk because the Twitter hivemind decided to hate him. That's only because the African-American starting saying unwoke things, he was le hecking science man just a few years ago.

Fat has no opinions of his own.
Correct. If a billionaire was Twitter-approved and had all the correct woke opinions, Pat would consider them an upstanding citizen to whom anyone would aspire and that they certainly earned all their wealth.
 

IGotATreeOnMyHouse85

Stand Alone Fruit
Forum Clout
241,508
You're looking too deeply into this, he hates Musk because the Twitter hivemind decided to hate him. That's only because the African-American starting saying unwoke things, he was le hecking science man just a few years ago.

Fat has no opinions of his own.
Exactly, it’s been shown he can’t think for himself and whoever he’s told to hate that day is who he hates. He couldn’t even tell you why he hates certain public figures but just that the “in-crowd” on twitter doesn’t like them so he goes along in hopes to fit in. All just so Internet strangers on twitter will like and follow his posts that are just like 85% of twitter.
 
Top