Elon Musk vs Elizabeth Warren

What I am deducing is there are people who weigh personality more heavily and those who weigh performance more heavily.

Say, if you have a personal car mechanic who is a loud mouth bullying type yet the results of their work is the best, there are those who would fire him/her for a lessor skilled mechanic based on the personality and those who would prefer the better work and ignore the bad 

For me, results speak louder than temperament. Who do you surround self with? How successful are they and you?

God knows our country needs to produce goods and not depend on China. Any manufacturing we can get! 

Yes Musk benefited from the government and I am sure he knew that before diving in. I don't pay attention to what he says unless it involves his areas of expertise.

Just like Trump flapping his lips on Twitter, never bothered me, don't listen to it.

Agree on Warren, to me she failed completely after the bank housing disaster, she was in position to really do something about the CDO market and those participants and to not allow the banks to get away with what they did let alone get freebies and bailouts. Warren failed completely at holding them accountable and actually went along with all the bailouts and no bank exec had any serious consequence. Warren is a paper tiger who likes to act tough until the rubber hits the road and serious political consequences are in play.

@Raiders22

 Yes Payed ..Mr Musk is probably forgetting the $500 million loan Tesla got as part of the bail out package in 2009. I’m sure he’ll be happy to pay his fair share after he’s reminded that taxpayers help keep his head above water.Yet Elon Musk and Jeff Bezos, the richest people in the world, have been able to get away with paying zero dollars and zero cents in income taxes in some years, and, in the case of Musk, a laughable $68,000 in 2015 and $65,000 in 2017.

These ideas of giving the richest in the world big tax breaks really became acceptable in the Reagan era and has only gotten worse. IMHO, one of the biggest problems in society today is the average person has trouble making ends meet in large part because the 1% isn’t paying their fair share. I tend to doubt your or anyone else is a multimillionaire lurking here which means you are delusional on the state of affairs how the deck is staked with three fingers on the scale against the poor and use to be middle class..

@wallstreetcappers

 She failed because she didn’t have Trump ion power and a ego that’s larger. Also she wouldn’t break the law if she did. We could use more imperfect people like her compared to ultra liar right....She knows what truth is, Can Jim Jordan, Mark Meadows claim the same? 

No sir, NOT ‘payed’ in this instance.  It IS ‘paid’.

They pay income tax on their salary.  However, capital gains taxes they do pay.  

‘Their fair share’?  They pay their fair share on salary and on capital gains.  They pay what the system asks for them to pay.  If you don’t like the system — don’t blame them.  Blame your law makers.  

Besides, who decides the ‘fair share’?  You? They pay the highest tax bracket and the rich absolutely CARRY the country because of their taxes.  How much should they pay, if not the highest bracket required?

It is not a tax break.  It is a different type of tax altogether.  Once you get to a certain point you will not really have a salary as income.  You may or may not have capital gains some years.  

For example, if you have no big bills at all, you may not even draw enough money out some years.  So, you will not pay taxes — on salary or capital gains.  Etc. 

We do not have a tax on net worth — it does not work that way.  

The average person does NOT have trouble making ends meet. The person that lives above their means has trouble making ends meet.  Stop buying stuff you cannot afford.  Plenty, plenty of people get by on the average income in the US.  

It is a flat out cop out to blame the rich for your lack of control with your spending.  It is intellectually lazy to blame the system by saying it is rigged for the rich.  

Sure, once you get to a certain point your money works better for you than when you started out.  

But study up on wealth and see how much people move up and down and how well hard work itself pays off.  

So, not delusional at all.  I just understand it is all. 

It is not rigged for the hardworking and focused person.  You just have to stay at it and stay within your means.  It really does not take that long or that much effort to be debt-free.  Then your money does so well if you invest it right or do other right things with your money. A million dollars absolutely does not take that long to build up.  

Ive followed her a long time, she is all bark while the tv cameras are in front and no bite when they arent. Warren is an elitist just like all the others and I am not interested in someone who barks and barks and barks then does not actually follow up with anything substantial. Its kind of like Sanders, loves to pound the pulpit but his whining is also biased and only for his interests. Sanders yaks about student loan debt freebies but never ever never never about cost containment or reducing 4 yrs into 2.5 and moving along the process. Sanders, Warren they love the spotlight but are not really accomplishing all that much.

Warren spends big money on Facebook ads to attack Elon 

“Thin-skinned freeloader Elon Musk is whining like a baby because I want him to pay his fair share in taxes. Sign up today to make sure that my colleagues in the Senate know that you’re on board to pass a wealth tax and hold billionaires accountable.”

“Let’s make one thing clear: we need to change our tax laws to stop Elon Musk from freeloading off of everyday Americans. But when I point out the obvious, he whines like a baby. Will you sign on today to tell my colleagues in Congress to pass a wealth tax in America?”

“Elon Musk has gotten more than $250 billion dollars richer during the pandemic, and when I ask him to pay his fair share in taxes, he whines like a baby. Will you chip in $10 to help Warren Democrats pass a wealth tax, keep the 1% in check and fight for working people?”

“SIGN UP TODAY>>> Let’s make one thing clear: we need to change our tax laws to stop Elon Musk from freeloading off of everyday Americans. Will you sign on today to tell my colleagues in Congress to pass a wealth tax in America?”

Musk responds: 

“This is such a deeply messed up lie to the American people. She is the one freeloading off taxpayers, while I’m paying the largest amount of tax of any individual in history. Is @SenWarren really someone we want as a US senator?” 

https://twitter.com/elonmusk/status/1471944307997171712?s=20

Musk fails when he engages and tries to escalate like that, it is unprofessional and petty. Aside from the capital gains issue the majority of his net worth now is due to federal subsidies and cheap FED cash, he cannot deny this. So for all his whining and finger pointing the facts exist. Without subsidies and historic low corporate debt rates, Tesla and thus his net worth is a small small fraction of what it is now if not gone completely.

The problem with Musk is he cannot shut up, he must be the center of attention and be listened to even to his detriment. If Warren wanted to zap Musk then change the rules about trading carbon credits...make the company use them ONLY for their own corporate needs, get rid of the trading market...and watch Tesla get WRECKED the next day and Musk goes from king of the hill to another one of many who had and lost.

All of their net worths are due to cheap fed cash. 

Tesla will succeed. The world is moving towards electric cars and they’ll continue to dominate that arena. 

Progressives made the policies Musk took advantage if they’re just upset that he doesn’t act like a mindless puppet in return. 

The ads she bought on Facebook are laughable and show how little her followers understand how things work. 

She is useless. He is not. 

I am saying Tesla DID succeed because of that, so your comment that they will is only due to subsidies sucking off the government spigot and the FED. So saying they will now is acknowledging that they are here from that only. They were teetering for quite some time before rates came down, Musk really should not act as if he did all of this, he did not. He was not the first to the EV market, if Fiskar or some others who were before him had rates at zero for their funding needs it would not be Tesla in this position. Tesla is sloppy, lazy and ripe to get pushed out of their position. Their products are not high quality and he is letting other companies jump in front of him with regards to autonomous driving and those players are not teeny light weights they are large deep pocket monsters who will take that spot and without control of that market the company is going to be in a bad position down the road. You cant rely on trading credits and cheap cash forever and at some point Tesla will phase out of the subsidy market and their earnings exclusively come from gimmicks and freebies.

@I_Need_A_Detox

 I have to disagree Musk is just like Bill Gates! When Gates wanted to divest himself from Microsoft to diversify his assets, he went through a structured series of sell offs of his Microsoft shares and created a “family investment” office that has like 100 or so financial workers whose only job is to invest Gates money for him  He utilized complex elements of the tax code to achieve this without having to pay massive amounts of tax. While we don’t know the exact details because it’s private, Gates indicates he has paid around $10b in taxes in his lifetime, and he also we know sold around $100b or so in Microsoft stock and then moved it into other investments during his multiyear divestment plan. That means it is very unlikely Gates paid anywhere approaching even the 15% capital gains tax on his clawing back or divestment , which means he was using some exotic tax rules.

Let’s be clear business owners do have deductions that a person whose sole income is a W2 job do not have. But on “accumulations of wealth” a lot of taxes are not paid because wealth accumulation is not treated as income The tax code has earned income which covers things most ordinary people would recognize as “regular earnings for working a job”, these earnings are all taxed according to the regular income tax code. Realized capital gains, which is a type of income but not earned income “it is not directly related to being paid a wage for work done” it is taxed using a different tax rate.

Youre too extreme to the negative. They do benefit greatly from the credits but they’ll probably be doing ok when/if they go away. 

A lot of people have gone short on Tesla for the reasons you listed and they’ve been blown out of the water. 

They have a massive percent of the ev market and the ev market will see rapid growth over the next decade. I wouldn’t bet against him.