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u/BusinessLychee1730 4d ago
This is the worst comparison ever.
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u/Dudeasaurus2112 3d ago
Ragebait for sure. Teaches (or anyone else) can also deduct realized investment losses
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u/jjrr_qed 2d ago
Deduct? No. The implication there is that they reduce income. They offset capital gains, and there is a ceiling on individual carryforwards.
Taxes are complicated, and when people don’t know what they’re talking about, it’s a bit like a non-engineer critiquing bridge construction.
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u/James0057 4d ago
Tell Congress to fix the tax code...... oh wait they won't because they use those same loopholes
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u/Qs9bxNKZ 4d ago
That’s called adjusting a cost basis. So when it gets resold at $44B then taxes are due (again) on the increase.
How do you not understand by reducing the cost basis, you do not avoid taxes?
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u/LongTatas 3d ago
Surely it’s not worth 44B. How does that work when amount changes?
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u/Easy_Explanation299 2d ago
"Surely" according to who? You? Based on what knowledge, skill, or understanding?
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u/Qs9bxNKZ 1d ago
Surely it is, based upon what people were paying for it when buying from insiders.
Thats the only way to properly value something, how much someone is willing to pay.
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u/Background_Issue6309 3d ago edited 3d ago
You are right, but there is one nuance. Let’s say he sells it in 10y for the same amount. So he will be able to:
- Invest the 11B saved money from the tax deduction now getting return on the money, so he gets basically free money.
- When it’s time to sell the 11B in 10 years will be cheaper. With and average inflation it will be 25-30% less
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u/NotTheBigBang 3d ago
This. Keeping the money now to do other things is the principle all financial institutions run on and how the economy is controlled. By delaying payments out and expediting payments received you have capital in the present. That's what matters. Having money when you need it in the present. And if it does catch up with you you can file for bankruptcy 🤷🏼 or get free food, water, and shelter in jail and be safe because you can teach the violent guys how to play the smart money game for when they get out.
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u/Qs9bxNKZ 1d ago
Martha Stewart, is that you? :)
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u/NotTheBigBang 1d ago
Qs9bxNKZ are you a bot? :)
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u/Qs9bxNKZ 1d ago
Would be funny, an AI bot that is akin to Marth Stewart or that girl from Suits … giving financial advice along with a dollop of recipes!
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u/Clever_droidd 4d ago
I don’t like Elon, but this is a really terrible comparison. He lost $11B. Write offs aren’t profit. Should teachers be able to write off more than $300 worth of supplies? Sure, but these are two entirely different things.
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u/WreckNTexan48 4d ago
He hasn't lost shit, he sold it to himself at a 'loss' of stock value. Twitter just secured a tax write off for the foreseeable future.
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u/redditusersmostlysuc 3d ago
How did twitter secure a write-off exactly?
And yes, that is exactly what a loss is. When you pay $44B for something, and then sell it for $33B , that is a loss dumbass. It's not fictional, it's real dollars.
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u/henryhumper 1d ago
He "sold" it to himself, that's the point. This wasn't an an actual sale, it was a transfer between different corporate entities Elon owns. He still owns the company. He just created a fake paper sale to exploit the tax code.
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u/bussy_beater_69_420 4d ago
And I dont think anything should be write-off-able if the losses are due to negligence or ineptness or downright douchebaggery.
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u/Usual_Bodybuilder504 4d ago
What a stupid attempt at a comparison
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u/sevenproxies07 4d ago
“I disagree so this is stupid.”
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u/AndrewTatesRight 2d ago
Imo I dont understand the hate. If you had the same opportunity wouldnt you take it?
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u/Desperate_Trifle_202 4d ago
can only claim $3k per year against cap gains for until the 11B is used up.
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u/Specialist_Meal_7891 4d ago
Technically... teachers just need to create an llc and they could essentially do the same thing.
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u/No-Atmosphere-2528 4d ago
Don’t forget xAI won’t pay that 33b, will end up with bankruptcy protection, and the sale will default back to Elon. He’ll end up going public with that valuation at some point that he artificially generated.
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u/SheepishLordofChaos9 4d ago
I see a lot of people in here talking about a game that they never had the rules to, like they know the rules. You're just as clueless about this shit as I am...just better at typing long paragraphs tossing numbers around but at the end of the day...don't even recognize that you're getting screwed the long way NO MATTER WHO THE FUCK IS IN OFFICE.
None of us...and I mean no one on fucking Reddit, is in the correct tax bracket to benefit from the 150 ways we get played regarding taxes and everything else. So to choose sides like it's a sporting event is asinine as hell.
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u/MuchCommittee7944 4d ago
Show me a world where teachers have 11b to write off a the end of the year
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u/CuriousRider30 4d ago
If they formed their own tutoring company as well they could write off more... comparing an employee to a guy shuffling funds between two companies he is in charge of is an extremely flimsy comparison.
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u/mark_harrison_6969 3d ago
His company's pay more taxes in a year that all the teacher in America pay in a lifetime .get ure facts correct
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u/1-Workingclassunite 3d ago
Umm, what exactly is your point? His companies also get 8 million dollars a DAY in subsidies. Your defending a billionaire over the people who teach our kids...are you ok?
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u/AgreeableRagret 3d ago
Teachers can write off 100% of the school supplies they sold to themselves at a loss.
I swear, I'm so glad we homeschool. I don't want financially illiterates teaching my kids.
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u/henryhumper 1d ago
financially illiterates
Maybe you should send those kids back to school, chief.
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u/buraishadow9235 3d ago
he bought a multi billion dollar company.. they go to staples ... the two are not the same
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u/timdevans88 3d ago
It's an easy fix, make enough money to where you are not using the generic 15k deduction package on your turbo tax. If you do use the standard deduction just understand that you are not in the same tax scheme as a Billionaire.
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u/FatTurnip121 3d ago
Reddit is stupid. Trump and Elon want to get rid of the IRS and go with a national sales tax and people howl and complain about it, then the same people complain about how terrible the current tax system is.
Tax system rules were created decades ago and people here act like Trump and Elon created the system yesterday just to personally benefit from it.
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u/Euphoric_Yak_3582 3d ago
Lol. Comparing teachers salary and a multi-billion dollar corporation gains and losses.
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u/KeepItSimpleSir22 3d ago
Maybe if some of these school boards actually spent their money responsibly.
So prior to DOEducation. Most schools had maybe 3-5 administrators (high school level)
Friend of mine currently teaches at a high school. They have 14 different administrators working there. No I believe he said 3 of them still teach some classes.
And these are 6 figure positions.
Maybe 2 principals, 2 guidance consulars, and maybe 2 multi purpose???
Pay the teachers, get the supplies and books.
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u/Capable-Pitch-8340 3d ago
This isn't anything g new. This has been going on since before you were born.
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u/Silent_Assistant_699 3d ago
Elon actually sold it to his company for a $1 billion profit, not loss. Check your sources.
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u/dude_named_will 3d ago
This shouldn't need to even be a tax code. Teachers should just be given a discretionary fund kind of like what the military does for clothing allowance. .
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u/WaveMajor7369 3d ago
The potus is trying to do things quickly and this administration is taking credit for everything... but why not overhaul the tax code quickly?
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u/Psychological_Job189 3d ago
Teachers can open two businesses and sell products from one business to the other also
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u/karma-armageddon 3d ago
He paid 11 billion in taxes though. The write off was only worth 4.4 billion so he is still ahead.
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u/PossibleFlat5324 3d ago
If I saw this post 30 years ago, I'd say you were onto something. Now, you're just late.
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u/Royal_Warthog_9825 3d ago
So can every other business. Down to the man who owns a newspaper stand, a d so can you. Start a business. Take the risk and don't get upset with people that do.
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u/bubbs4prezyo 3d ago
Tell your local lawmakers. This is your chance to influence this issue in your state! Thanks President Trump!
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u/The5thVikingHorseman 3d ago
And who wrote the tax code?........corrupt politicians on both sides thats who.
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u/Charming_Diamond_700 3d ago
And yet 0 Democrats voted for no taxes on tips, overtime or social security.
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u/Special-Big3091 3d ago
A tax code that Hillary Clinton helped write and push through. All the wealthy politicians use it. Not just the ones yal choose to dislike at this moment in time
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u/okielurker 2d ago
Section 469 prevents Elon from writing this off at all. That section was added to the tax code in 1986.
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u/Special-Big3091 2d ago
🤷♂️ did you google that? Do you actually use the tax code to make a living?
Are you supporting Elon? Are you stating this ladies post about oligarchs is inaccurate and more propaganda against Elon?
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u/Lovicionez 3d ago
so if he didn’t sell it to his company then he can just write off whole $44b ???? this post is so stupid it hurts…
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u/Crysor8 3d ago
This line of thought always cracks me up. DT called this out in his debate with Hillary Clinton. He said, “you’ve been in politics for years and haven’t done anything about the tax code you say I abuse. And you know why you haven’t? Because your donors try to take advantage of the tax loop holes, so of course you don’t do anything about it.” So funny.
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u/Anonymous-Satire 3d ago
Lmfao. Special tax code? Teachers can write off investment losses as well. Good lord. The fact that so many people are so woefully ignorant that this outrages them truly highlights just how absurdly bad of a job teachers are doing educating the population.
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u/BoatSouth1911 3d ago
I mean. You don’t need more than 300$ worth of school supplies. More than that would be “school supplies” tax fraud. The other is well documented.
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u/MTknowsit 3d ago
reddit: “Musk lost money on Twitter- he’s a moron!”
reddit the next day: “Whaaaaa Musk is writing off a loss on Twitter; he’s an evil genius who’s screwing the system!”
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u/Educational-Art-1488 3d ago
when the left was in power all i ever heard was how its your civic duty to pay takes so hopefully we could have socialist heath care and universal basic income. you guys don't care
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u/PsychologicalBit803 3d ago
So is the insinuation that this is something new? How is it people get mad at the rich for following the tax code to save money? I’d be doing the exact same thing.
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u/69AfterAsparagus 3d ago
She can write it off too if she were in his position. Nothing special. BTW every teacher should start a home business grading papers. Teachers then grade the papers of other teachers for $5 so you show income. Now write off a bunch of stuff.
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u/Gondorath 3d ago
1. Tax Unrealized Gains for Billionaires ("Mark-to-Market" Taxation)
2. Limit or Eliminate “Wash Sales” and Related-Party Transfers
3. Close Corporate Tax Loopholes
4. End “Buy, Borrow, Die” Strategy
5. Audit and Enforcement Expansion
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u/ppickett67 2d ago
Should there be a deduction in the case of an unrealized loss?
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u/Gondorath 2d ago
Yes but with guardrails. If you’re taxing phantom income (unrealized gains), then fairness and consistency suggest allowing some recognition of phantom losses. However, this must be paired with anti-abuse rules, strong valuation standards, and possibly limitations to ensure the system isn't gamed.
examples anti abuse rules:
- No deductions for losses on closely held or illiquid assets without third-party verification
- Prohibit artificial devaluations through related-party sales or limited market exposure
- Disallow loss deductions if the asset is repurchased within a short window (like wash sale rules)
- Apply penalties for underreporting asset values beyond a reasonable margin
- Limit use of offshore entities or trusts to shield assets from valuation
Valuation standards examples:
- Require annual independent appraisals for private assets over a certain value
- Use standardized valuation models for asset classes (e.g., real estate, private equity)
- Mandate certified valuation professionals for non-publicly traded assets
- Apply conservative assumptions in valuation of uncertain future cash flows
- Implement IRS-approved valuation guidelines with audit trails
Limitations examples:
- Cap loss deductions per year (e.g., only offset up to $3 million in gains)
- Allow losses only for publicly traded assets with transparent pricing
- Phase in loss deductions over time (e.g., spread over 3 years)
- Disallow deductions if the loss is temporary or recovered within 12 months
- Require a minimum holding period before recognizing unrealized loss
it is complex but there are many ways to achieve this honestly
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u/ppickett67 2d ago
This would be a disaster. You would have taxable income based on an estimate. This would be fraught with litigation, just like estate valuation is now.
And I see you proposed rules are very government friendly. As an example, you would pay full tax on a temporary gain, but not deduct a temporary loss. A large gain would be taxed immediately, but a large loss would be capped. Disallow a loss if it is recovered in the future? Gains for all, but only losses for publicly traded assets. Seems crappy for family owned businesses.
But, on the other hand, accountants, attorneys and valuation experts would be able to buy that nice place on the beach.
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u/Gondorath 1d ago
Yes, valuation introduces complexity. But that’s not a reason to abandon the effort it’s a challenge to design better rules and standards, not to preserve a deeply broken system. We already tax based on estimates in estate taxes, property taxes, and even some business valuations. We can and should improve consistency, transparency, and enforceability rather than throw our hands up.
If we can value a billionaire’s estate after death, we can value their portfolio while alive especially if it consists largely of publicly traded assets, which are easily mark-to-market.
state litigation does happen but most valuations go uncontested. And just like with any tax system, clearer rules reduce litigation. Over time, standards become precedents. Tax systems evolve. That’s not chaos that’s policy maturing.
Besides, litigation is already common in today’s system including disputes about carried interest, trusts, and shell companies. Litigation is not a reason to avoid fixing fundamental inequities.
The critique is fair symmetry matters. But the examples you mention (loss caps, limits on private asset losses) are risk controls, not giveaways. Without these, billionaires with private holdings could game the system by engineering paper losses.
But yes, reform must include reasonable treatment of losses. That could mean:
- Carrying forward losses to offset future gains.
- Allowing full deductions for certified, audited private asset losses.
- Applying rules symmetrically where administratively feasible.
It’s not about rigging the system against business owners it’s about making sure everyone plays by the same rules, regardless of wealth or asset type.
Doing nothing is not neutral it’s a choice in favor of the status quo, which is wildly skewed in favor of the ultra-rich. Under current law:
- Billionaires can live tax-free for decades.
- Wealth is passed down largely untaxed.
- Regular wage earners pay more (effectively) than those with generational assets.
If we don’t act because the perfect system hasn’t been invented, we’re enabling exploitation. Every year we delay, the gap widens and the burden falls harder on everyone else.
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u/ppickett67 1d ago
Data just does not support your assertions. The top 1% of earners in the US own 30% of the wealth and pay 40% of the income tax. The current max estate tax rate is 40%. There are certainly ways to manage this. If this is wrong, change those rules.
You are comparing tax on income to wealth. Taxable income and wealth are very different things. You are really proposing a wealth tax. I suggest you research the impact of wealth taxes in Scandinavian countries in the 80s and 90s and why they all repealed them. In short, wealthy people move. Then you don't have their income tax or their wealth tax.
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u/Gondorath 1d ago
Yes, the top 1% pay a large share of income tax, but that’s not the whole tax system. Wealthy people disproportionately earn capital gains, dividends, and pass-through income, which are taxed at lower rates or not at all if unrealized.
And critically, ultra-wealthy households often have massive increases in net worth without realizing any income thanks to asset appreciation. That 40% figure misses the fact that many of the largest economic gains in this group go untaxed altogether.
For example Elon Musk or Jeff Bezos can gain tens of billions in a year, pay no income tax, and live off loans.
So yes, they pay a lot in income tax when they realize income but the current system lets them delay or avoid realization indefinitely.
mark-to-market taxation of unrealized gains blurs the line between income and wealth taxation. But we already have wealth-related taxes in the U.S.:
- Property taxes
- Estate taxes
- Capital gains (taxes on changes in wealth, when realized)
So this proposal is not unprecedented it simply brings deferred gains into the fold to prevent abuse of deferral and death as tax avoidance strategies.
Yes, Scandinavian countries repealed their wealth taxes but the reasons are nuanced and different from the U.S. situation:
- They taxed small fortunes, not just the ultra-rich.
- They lacked good valuation methods and cross-border information sharing.
- Some had inefficient enforcement or narrow tax bases.
The world has changed:
- Digital assets and financial reporting are more transparent.
- Global cooperation on tax evasion has increased.
- The U.S. is uniquely positioned due to the global strength of the dollar and its markets it’s not so easy to “just leave” without significant cost.
Plus, those Scandinavian countries still redistribute wealth via high income and consumption taxes the U.S. does neither well.
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u/Gondorath 1d ago
On the leaving part: Where are they going. China ;) Some may try to move but most ultra-wealthy Americans don’t leave, even with high state taxes. Why?
- Their businesses, families, and networks are rooted in the U.S.
- Renouncing citizenship is costly (exit taxes) and rare.
- The U.S. could strengthen anti-exit rules if needed (as it already does for certain expatriates).
We shouldn’t base tax policy on the assumption that billionaires will flee. That fear leads to policy paralysis, and leaves the middle class footing the bill.
Doing nothing because some reforms might be hard or imperfect just preserves a system that’s rigged one where average earners pay taxes on every paycheck, but billionaires can amass and pass on wealth without ever paying their fair share.
Reform is possible, necessary, and urgent and it can be done fairly and intelligently, with built-in protections for family businesses, innovation, and legitimate growth.
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u/ppickett67 1d ago
Where would they go. Ireland, Bahama, Cayman Islands, to name a few. Or, just move to Puerto Rico and keep the US passport.
You didn't answer the question. What percent of the total tax should the top 1% pay?
The only change that we should make to the tax code relates to borrowing on stock to live a lavish lifestyle and never paying tax on the proceeds. That should be taxable, beyond certain limits.
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u/ppickett67 1d ago
I very much respect your thoughtfulness on this topic. I think you are very well informed.
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u/NeverHere762 3d ago
None of the problems in your life are because someone else is a billionaire. If you wanted to be well off, maybe don't go into teaching.
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u/dbwunltd 3d ago
Well, you can thank your elected lawmakers for these loopholes. That is lawmakers from both parties.
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u/Suspicious_Beach_387 3d ago
He probably did the trump tax scam. Lose enough in one year and get deferred for ten years. Sad these people keep voting for this!
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u/Wtfjushappen 3d ago
Huh, why didn't democrats fix our campaign on that while they had majority just a bit ago?
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3d ago
we are, the people have the power to tear the whole thing down, we also have the power to take Elon Musk’s money from him. Or we can just sit back and let them do it to us.
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u/AltREinv247 3d ago
Sounds like something we need to take up with those who have been in DC for decades, right?
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u/Independent_Two_1443 2d ago
And who created this tax code? Politicians...It has to start there and until then, you can't blame people for following the rules of the tax code. Btw, Musk has set the record for most taxes paid by anyone, ever! I think it was 12 bill in 2021.
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u/Strange-Term-4168 2d ago
This argument makes no sense lol. The teacher can also write off losses when they sell stocks for a loss. There is no difference.
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u/MrCr-abs 2d ago
CPA here. This isn’t close to being right. It’s a relate party transaction. So he can’t recognized (ie deduct the loss) until XAi sells it.
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u/GoFast_EatAss 2d ago
I actually sent this picture to a CPA and they said the same thing. I hate Trump and Elon with every fibre of my being, but this isn’t really correct.
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u/Aggravating-Ad-2348 2d ago
This is inaccurate. He has a LOAN for $44 Billion and he could sell Twitter for 33, but he isn't losing the 11 billion. He is still on the hook for the 11 Billion from the loan. He has to own it outright before he can claim a loss personally.
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u/MeximasDeximas 2d ago
She still doesn't understand tax laws. What she has in a mandate set by the fed gov. This will change once the states start taking control of their own BoE. Each state will be different. Now you can do what I do. When I see an estate clearance/sale, I wait until what doesn't get taken/sold and collect what is left by the road and I donate that. Do this 4-5 times a year and you will pay less in taxes. The more you don't Nate, the more you save. The poor work for money and the rich make money work for them.
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u/Legitimate_Concern_5 2d ago
Say you're trading stock. You make $100 in gains shorting TSLA, and you lose $100 on AAPL. Your net profit is $0. So you don't owe taxes.
If you lose $100 last year, and make $100 this year, you can use the loss from last year to offset this year's gain because in total, you've earned nothing.
If you lose $11B this year, you can offset $11B in gains this year or in the future. There won't be any taxes due on that $11B in future gains because you haven't made any profit, so there's nothing to tax.
There's no loophole here.
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u/CheifEngineerOfficer 2d ago
If this was stock there are wash sale rules against this... Only billionaires can play these games.
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u/BeginningDisaster136 2d ago
The laws are written by those 535 thieves people keep voting in. They choose the tax codes! Now do you get it?
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u/Normal_Reply8148 2d ago
wait till the left realizes its been like that for decades, just cause trump got in as president now they have a new word to throw around
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u/Oven-sock 2d ago
Teachers can do the same thing with their business, if they had one…
You are comparing 2 different things, which doesn’t work.
Go back to school
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u/Educational-Slide352 2d ago
And our own government set it up that way just for the rich, can’t be mad at rich people for taking advantage of it
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u/Dramatic_Writing_780 2d ago
Why are teachers buying school supplies for their students and classrooms? They should not do that.
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u/Novel_Sheepherder277 2d ago
They shouldn't but public schools are woefully underfunded. Faced with children who need to learn, many teachers choose to pay out of their own pockets rather than penalise the kids.
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u/MasklessGod 2d ago
Get a better accountant. Same rules apply if you use them. But it’s easier to cry and point at the “evil” rich people. It’s the old communist mentality, a bunch of crabs getting steamed in a pot when one crab tries to escape and be free from certain death all the other crabs pull it back in rather than let it be free. It’s a loser mentality sold to you under the guise of equality and equality.
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u/Flastro2 2d ago
I'd question if the stock value cratered by the 25% discount he just sold it for or not. If the shares of the company were instantly devalued by that amount then it should affect every shareholder and they could potentially block the sale.
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u/stingrayed22jjj 2d ago
I am Trump guy, and there is prob some truth to this, and I think we can all agree the systems rigged, and we can all agree that both sides are just as responsible, its not specific to either party.
My son works in finance, and at his entry level position for a company that invested for others in the stock market, he explained to me how it worked with clients making profit on stocks, would sell other stocks that were losing money, immediately buy the losing stock back, and use the "loss" to offset the tax gains on the profitable stock.
I barely graduated high school and could fix that problem in 30 seconds.
Elon Musk is not the problem
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u/Antique_Art5343 2d ago
Elon was not the sole owner of Twitter aka X, he only put in 27 billion of the 44 billion purchase price. So your tax math is wrong.
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u/KBReadsALot 2d ago
Hey so as a teacher I'm only allowed to write off 250$ they won't allow me to write off anymore and I've spent upwards of $600 of my own money some years 😭
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u/justadude713 2d ago
wow she's a special kind of stupid! she is a public sector unionist ofc.
first off, nobody owes her a god damned thing. secondly, she can certainly try to write off $11B in taxes, nothing stopping her HAHA!
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u/Ok_Bathroom_976 2d ago
Like Soros, Like Pritkin, Like Bloomberg ,Like Hoffman. They all take advantage of the tax codes that no adminastration has been willing to change. Your argument in invalid
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u/Silver_Paramedic4977 2d ago
Right! So unfair. He should not get a deduction for taking mine out of one pocket and putting it in the other. Teachers should get everything they paid and add another $300. Our society is so wrong.
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u/libtardhater 2d ago
What schools supplies are you buying I put 3 kids through school and every year until highschool we got a massive list of stuff to buy. I would go to parent teacher conferences and see piles of stuff sitting on the shelves parents bought.
School teachers today add almost no value to society except being low quality baby sitters.
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u/Ok_chetah217 1d ago
It’s sad and pathetic. Even you magas know taxing the rich is more than fair and way past due.
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u/Active_Leg_1878 1d ago
Exactly! This is one of the tricks rich use to stay wealthy. This clearly shows why these loop holes need to be closed! Small mom and pop businesses usually do not have the expert accountants to take advantage of these loopholes. If they do, they might not have the resources. Either way, it is time to close these loopholes!
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u/No_Stranger136 1d ago
Nothing special about that at all. That's been in place for at least 50 years. Wonder why no politicians thought of closing that in the '70s, '80s, '90s? Could it be because they're rich donors all use that tax deduction?
The first time Trump ran for office and debated Clinton, she accused him of using that loophole. His response was of course I use it. I'm at good businessman. It would be foolish for me not to. I'm just using the system that the politicians put in place. If there's a problem with the tax code, why have the politicians fixed it?
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u/MonsterofJits 1d ago
I love this.
All of these folks wanting to burn Elon at the stake for using the US tax code to his advantage, but crickets when people point out the fact that the very people that wrote the tax code, our lying POS representatives, do the same while fucking over the very people that voted to put them in office.
Bizzaro world at its finest.
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u/NimuroSan99 1d ago
This is a lie through and through. He sold it to one of his companies yes. But for 45 billion. He didn't take a kiss for a tax break. God y'all can't even lie well.
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u/gary3021 1d ago
I Made sure to get a source "you can trust". Like come on just spend 2 seconds googling before saying stuff so confidently wrong.
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u/Alarmed-Run4873 1d ago
change it. You guys ran the country for the last 4 years and didn't touch it Why was that ?>
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u/Classic_Bid3126 1d ago
It’s even worse, the purchase was made with all stock. So no taxes will be paid on the 33 billion either.
If you can use it to buy stuff you should pay taxes on it.
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u/Naughtynhrnycpl 2h ago
How about a flat tax rather creating all kinds of loopholes that representatives and senators wrote in?
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u/Such_Assistant_5492 4d ago
So now your mad the guy lost 11 billion dollars??? Yall will cry about anything. He spends 44 billion, sells it for 33 billion and makes it a public trading holdings and your now mad
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u/Crambone219 4d ago
More woke leftist propaganda you people need to get a new hobby
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u/Spiritual-Tadpole342 4d ago
“They just write it off, Jerry!”