Ukrainian soldier says Elon Musk's Starlink satellites 'changed the war in Ukraine's favor'

[Hoyt]

129. Colin, you can start a company and get the same breaks as Musk for amortizing startup expenses,

research, development, equipment, etc. As long as you don't sell the stock, you won't get taxed. If you are really sucessful, you'll have thousands of well paid employees paying taxes.

And if you want, you can pay what cash you generate in excess taxes.

The top 10% in this country pay over 70% of income taxes. They should clearly pay more, but every Democratic admin has realized that we'd be up chit creek financially if it weren't for the Musks, Gates, vaccine companies, etc.

I live in a semi-rural area, but thank gawd Amazon was there to keep me stocked up during pandemic. Most of the small stores closed or couldn't stay stocked up, not to mention their prices were higher.

I, like Musk, support a more robust estate taxes. Don't know about him, but increased capital gains rates seem proper, but only to point it's not impacting economy negatively. I think some kind of wealth tax is proper, but more like requiring wealthy to sell a certain portion of their holding each year, like with IRA/401Ks after age 72.

Do you work for a large company?