Skip to content
Search AI Powered

Latest Stories

Elon Musk Responds To Dem. Senator's Criticism About 'Tax Avoidance' With Crass Sex Joke

Elon Musk Responds To Dem. Senator's Criticism About 'Tax Avoidance' With Crass Sex Joke
Yasin Ozturk/Anadolu Agency/Getty Images; Greg Nash/Pool/AFP/Getty Images

After Tesla CEO Elon Musk asked his Twitter followers whether he should sell 10% of his Tesla stock, things got a bit weird when he sparred with Oregon Democratic Senator Ron Wyden, the architect behind the proposed billionaires tax that recently died in the Senate.

Musk created a poll on Saturday in which he asked his followers whether he should sell 10% of his stock, and promised to abide by its results.


The majority of those who participated in the poll agreed that Musk should sell his stock.

The poll also caught the attention of Senator Wyden, who not only devised the billionaires tax but also chairs the United States Senate Committee on Finance.

Wyden criticized the poll, which comes at a time when many support taxing unrealized capital gains.

He said that whether Musk "pays any taxes at all shouldn't depend on the results of a Twitter poll" and called for the implementation of the Billionaires Income Tax.

Musk later responded but did not address Wyden's concerns directly.

Instead, he commented on Wyden's appearance and claimed that Wyden's Twitter profile picture makes him look like he just had an orgasm.

Many criticized Musk for childish and immature behavior.








The Billionaires Income Tax which died in the Senate last month, would have imposed annual capital-gains taxes on about 700 of the wealthiest Americans.

As pointed out by The Wall Street Journal,

"The Wyden proposal would have taxed holdings for a small group of investors, mostly billionaires, based on paper gains in publicly traded companies."
"In other words, they would have owed tax annually if their shares in a company rose even if they didn't sell them. Losses would have offset gains, and large losses could have been carried forward or back to other years."

Wyden unveiled the proposal in September, which, according to a press release, was designed to "close loopholes that allow wealthy investors and mega-corporations to use pass-through entities, primarily partnerships, to avoid paying their fair share of taxes."

Billionaires would have been taxed at 23.8% on their capital gains, whether realized or not.

The proposal has received heavy criticism from the right-wing, who have largely accused Democrats of interfering with the free market.

The Heritage Foundation, a conservative think-tank, branded it "likely unconstitutional."

More from News

Screenshot of Markwayne Mullin
CNN

MAGA Senator Admits The Truth About Tariffs—And Trump Won't Be Happy

Oklahoma Republican Senator Markwayne Mullin admitted the truth about tariffs in an interview with CNN, making the correct point that tariffs are taxes "passed on to consumers," a fact that President Donald Trump has refused to acknowledge.

Mullin's remarks, made to anchor Kaitlan Collins, are significant because he is a staunch Trump loyalist who has historically defended the administration at every turn.

Keep ReadingShow less
Screenshots from @keesha4rank's TikTok video
@keesha4rank/TikTok

TikToker Calls Out Parents For 'Abandoning' Kid In Stroller To Go On Ride At Disneyland

We can all agree that going to an amusement park is very expensive, and most of us would like to cram as much as we can into our visit to make the expense worth it.

That might mean splitting up for a little while so different people in the group can go on the rides they want to go on, and then catching up with each other and sharing our experiences later.

Keep ReadingShow less
Elon Musk
Chip Somodevilla/Getty Images

DOGE Is Pressuring Social Security To Cut Its Phone Claim Service—And Everyone's Making The Same Point

Criticism rained down on billionaire Elon Musk after news broke that his advisory Department of Government Efficiency (DOGE) wants the Social Security Administration (SSA) to cut their phone service, instead forcing elderly and disabled people to file claims online or in person.

SSA announced on Wednesday that it will stop processing changes to direct-deposit routing numbers over the phone, though its other telephone services will remain unchanged.

Keep ReadingShow less
Screenshots from TikToker @stephlynncam's video
@stephlynncam/TikTok

Teacher Stunned To Discover NSFW Meaning Behind Common Phrase She Uses With Students

Many of us utter common idioms or phrases without being cognizant of their origins that have become outdated and wildly unsuitable by today's standards.

A school teacher named Steph–a.k.a. TikToker @stephlynncam–was dumbfounded to learn that an expression she'd used many times without thinking in front of her students has a dirty meaning.

Keep ReadingShow less
person texting on black iPhone
Asterfolio on Unsplash

The Worst Messages People Accidentally Sent To The Wrong Person

Like many people, I use my phone for pretty much anything except talking on the phone.

I hate taking or making phone calls, so my primary form of communication is text, instant messenger, or other messaging apps.

Keep ReadingShow less