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To: Helicondelta

I read (either here, or on Twitter) that Trump pays more in taxes than Bezos.

So, there’s that.


6 posted on 09/27/2020 9:25:57 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Jane Long

What about Carlos Slim’s tax returns? And the other major shareholders of the NY Slimes? Inquiring minds should know about ALL major owners of mass media outlets that spread partisan propaganda.


36 posted on 09/27/2020 11:16:18 PM PDT by rfp1234 (Caveat Emperor)
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To: Jane Long

Bezos likely will be paying a lot in taxes now that he’s cashed out some of his stock. But guys like Bezos and Musk and others make all their money from stock appreciation and stock grants, and no taxes are due until they actually sell the stock or options. Since Amazon and Tesla and others like them have appreciated in value so greatly in the market, it is very easy for them to just borrow cash and pledge their shares against the loan. Later on, they may even get to deduct some of the interest... which is probably cheaper overall given how much those stocks have appreciated over the years.

Then, they may also get to write off their ‘capital investment’ in their rocket ships as I assume those are money losing ventures.


97 posted on 09/29/2020 4:10:13 PM PDT by monkeyshine (live and let live is dead)
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