all 7 comments

[–]Musky 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (3 children)

So Musk just moved his company's incorporation to Texas.

[–]Bitch-Im-a-cow 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Which tells us a lot about his political interests, and that he won't pay income taxes in Texas: https://www.businessinsider.com/how-much-does-elon-musk-pay-taxes-california-texas-2020-12

(Companies that don't contribute to their communities are essentially parasites.)

[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Nobody pays income taxes in Texas. It's just normal to me. I can't imagine paying federal taxes, state income tax, and a sales tax. We tax the same money so many different times it's ridiculous. It doesn't even get spent wisely.

Counterintuitively to fix the massive national debt I think we need to severely slash taxes, force politicians to do more with less. Might drive down prices too.

[–]Bitch-Im-a-cow 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Thank you Judge Kathaleen McCormick, for keeping billionaires from riding roughshod over the law. McCormick will make a wonderful addition to the Supreme Court when Clarence Thomas is impeached or meets his maker after dining on too much caviar with Harlan Crow.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Paywall

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The recent ruling was quite disturbing and will rightly be a warning to any serious business persons, that Delaware is no longer a reasonable or safe place to incorporate.