PugJesusWAAAAAAGH and taxes 😔
Rhyme ReparteeIt’s a great time to review how rich people live tax free. Just exactly how do rich people avoid taxes?
Everything you always wanted to know in this interview!
Your analysis is fundamentally understated by this fact how wealthy people avoid tax:
Elon’s wealth is tecnically an ‘unrealized capital gain’ - Not taxable until sold. And if he did sell shares he would pay tax on the taxable part of that gain, typically 50%. Half the tax of regular salary.
But founding shareholders never sell their shares as this is how they maintain control of their companies. In the case of SpaceX, 42%
WSJ.com — OpinionThe Deceptive Statistics Behind California's Wealth Tax
https://www.wsj.com/opinion/the-deceptive-statistics-behind-californias-wealth-tax-48a392dd
ResearchBuzz: FirehoseTexas Tribune: Abbott recommends sweeping data center regulation, including eliminating sales tax exemption. “Gov. Greg Abbott on Tuesday released sweeping regulatory recommendations on data centers for the Legislature to pass in the 2027 session, as Texas grapples with an explosion of artificial intelligence-driven development and soaring power demands.”
https://rbfirehose.com/2026/06/12/texas-tribune-abbott-recommends-sweeping-data-center-regulation-including-eliminating-sales-tax-exemption/
Texas Tribune: Abbott recommends sweeping data center regulation, including eliminating sales tax exemption
Texas Tribune: Abbott recommends sweeping data center regulation, including eliminating sales tax exemption. “Gov. Greg Abbott on Tuesday released sweeping regulatory recommendations on data …
william ⁂ maggosThe best tax system would be a progressive wealth tax. The securities based lending system they implement to avoid paying taxes actually proves this is doable.
It would reduce the disincentives to buy stuff and pay more people decent incomes (the libertarian complaint about other taxes), while providing a disincentive to hoard money.
Shouting into the void
CBC Kitchener-WaterlooNew property tax class for small Ontario municipalities proposed as way to encourage new housing
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
CBC LondonNew property tax class for small Ontario municipalities proposed as way to encourage new housing
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
CBC Thunder BayNew property tax class for small Ontario municipalities proposed as way to encourage new housing
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
A new property tax class is being proposed for Ontario communities of less than 5,000 people. If approved by the province, it would allow those communities to reduce property tax rates on new homes for a period of 30 years, incentivizing new housing builds.
https://www.cbc.ca/news/canada/thunder-bay/proposed-new-property-tax-class-9.7230464?cmp=rss
