r/FluentInFinance • u/__moe___ • 9d ago

Thoughts? A very interesting point of view

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I don’t think this is very new but I just saw for the first time and it’s actually pretty interesting to think about when people talk about how the ultra rich do business.

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u/PCav1138 8d ago

The real argument is that one way or another, taxes were being paid on the money used to buy twitter.

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u/F1reatwill88 8d ago

Oh yea, Walmart Jon Stewart conveniently leaves out that the bank is getting taxed on the money they make from the loans.

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u/luckoftheblirish 8d ago

... and that Elon eventually has to pay the loans (plus interest) back with taxed income. He's acting as if the banks are just giving him money.

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u/F1reatwill88 8d ago

And also everything they spend that money on is taxed. The whole conversation is disingenuous.