Off Topic But these aren't ruining anything, of course...

Discussion in 'Hull City' started by Off The Line, Nov 6, 2021.

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  1. Stockholm Tiger

    Stockholm Tiger Well-Known Member

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    I'm an unashamed capitalist and a Tory to boot.

    But the tax rate he reportedly pays is insulting to us all.
     
    #21
  2. dennisboothstash

    dennisboothstash Well-Known Member

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    This ^^^
    And overcharging of customers too
     
    #22
  3. Des Head

    Des Head Well-Known Member

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    Musk's staff work ridiculous hours, but they're well rewarded for their time and seem to be happy as a result. Maybe it helps that he lives down the road in a $50k prefab and puts in the same hours as they do. The guy comes across as a clown on Twitter but I think he's doing a lot of good.

    Unlike plenty of others I could mention.
     
    #23
  4. Off The Line

    Off The Line Well-Known Member

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    It's just a pyramid scheme on a grand scale though.
     
    #24
  5. balkan tiger

    balkan tiger Well-Known Member

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    Rich enough to ride roughshod over the rules and regulations in building his new factory in Germany, seems to be going with the it's done now so give me consent.

    Receives rather a lot of subsidies too, although that seems to be the norm in new green industries.
     
    #25
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  6. Des Head

    Des Head Well-Known Member

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    The richest 19 nations (G20) have subsidised fossil fuels to the tune of $3.3 trillion since 2015.
     
    #26
  7. Edelman

    Edelman Well-Known Member

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    <applause>
    Blame the people on benefits it's all I here at work .
    Mention the corrupt and mega rich and they shrug their shoulders .
     
    #27
  8. Kalman

    Kalman Well-Known Member

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    Go on Hull Live and see comment after comment mocking people on UC losing the £20 a week.
     
    #28
  9. Edelman

    Edelman Well-Known Member

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    They don't know any better it's how they have been conditioned over the past few decades .
    You don't ever hear the previlidged and elite rounding on their own kind .
    I still remember when people out of work and down on their luck where given sympathy by their fellow working class .
    Now they have become parihas of the state, the common enemy .
    A massive smoke screen that largely blocks out the top level swindling .
     
    #29
  10. originallambrettaman

    originallambrettaman Mod Moderator
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    Elon Musk comes across as a bit of a cock and no doubt could afford to give up more of his wealth, but that 3.3% tax is utter nonsense, nobody pays tax based on their net worth.
     
    #30

  11. Anal Frank Fingers

    Anal Frank Fingers Well-Known Member

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    Why would he pay CGT?
     
    #31
  12. Kalman

    Kalman Well-Known Member

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    The thing with Elon Musk is that he pretends ‘he’s not like the other billionaires’ because he posts memes on Twitter and promotes cryptocurrency. In reality, he’s a scummy arsehole who’s just as bad as Bezos and the other Bond-villain billionaires with high profiles. It’s already been proven that he and Tesla were involved in illegal labour practices by threatening and punishing workers who unionised.
     
    #32
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  13. Off The Line

    Off The Line Well-Known Member

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    I presume it's because his spends are tied up in shares. This will change when they start taxing Billionaires for their unrealised gains though.
     
    #33
  14. originallambrettaman

    originallambrettaman Mod Moderator
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    Elon Musk has just launched a Twitter poll, asking his followers to decide if he should sell 10% of his Tesla stock (current value $25b), simply to pay tax on the transaction. He says he will abide by whatever the result, which is currently 55% yes/45% no.
     
    #34
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  15. Off The Line

    Off The Line Well-Known Member

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    Why on earth would anyone vote no? It's not like there's a loser in the situation!
     
    #35
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  16. Howdentiger2

    Howdentiger2 Well-Known Member

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    Always easy to spend someone else's money isn't it
     
    #36
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  17. Off The Line

    Off The Line Well-Known Member

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    He's the one playing games with an absolute fortune, for you and I.

    Edit: *99% of the world's population.
     
    #37
  18. originallambrettaman

    originallambrettaman Mod Moderator
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    Many seem to think that him dumping 10% of Tesla stock could cause a crash in the Tesla share price and even a crash across the S&P, which could in turn cause a bigger drop in tax revenues that the amount he’d end up paying.
     
    #38
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  19. dennisboothstash

    dennisboothstash Well-Known Member

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    Depends how you think about money.
    The money he has accumulated ‘belonged’ to someone else before him.
     
    #39
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  20. DMD

    DMD Eh?
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    I'd rather live the life I've got than live under the microscope that wealth or fame brings. Few of us would come out well under that sort of intense scrutiny.

    Ultimately, if you live in the UK, you're better off than over 90% of the people in the world, but I don't see many on here offering to redress that.
     
    #40
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