Wealthy people continue to reside in Spain as a tax resident subject to a wealth tax on global assets. It clearly works to raise tax revenue versus “meaningless line goes up.”
Except for Obama's Secretary of State maintaining an unpatched exchange server in her bathroom for the explicit purpose of evading record transparency laws, included compartmentalized Top Secret documents, and then destroying the evidence when it was uncovered?
She lost the election over this, we never heard the end of it in 2016. NYT beat this to death. Trump campaigned against it, loudly, therefore he and his admin know the practice is bad and shouldn't do it.
So when you create $10,000,000 of economic value you should be forced at gunpoint to stop contributing to society and creating jobs.
Jeff Bezos has created many, many millions of jobs while selling essential goods at margins sometimes below 1%. If his reward was stolen after $10m, why would he have bothered slaving away?
Aside the blatant jealousy factor, it's economic suicide and contains shadows of economic systems which have led to the deaths of tens of millions of people.
This is outdated information. X was profitable and valued at 90% of its purchase price according to valuations by its creditors as of last year, prior to the acquisition.
The vast majority of advertisers returned, including large ones like Apple plus their expenses were reduced by over half.
They returned in the first few months of the Trump administration when Elon was an important man in the government with direct access to POTUS. But after Musk fell from the Trump's good graces the same advertisers quickly took their marbles and quietly left twitter.
I was seeing Disney and Apple ads on X pretty quickly after Elon bought it. I don't think advertisers care as much as you think, if you're a major company you can't easily skip a major advertising platform without it impacting your bottom line
Elon's participation in a project produces otherwise incomprehensible valuations across several businesses. So, yeah, either all those businesses are doing OK or Elon's funders are inflating a bubble.
Since I haven't heard a peep of a complaint from Elon's financial backers about having a declining social media site shoved into their AI investment, the investors are still thinking that they could unload on greater fools when the time comes.
Well given that it's a private investment they can mark it whenever they want so it's helpful for them. It's also possible (though I don't think it likely) that xAI makes them loads of money.
After 4 years of pretending that Hunter Biden was an expert on the gas industry and not peddling influence and access, what authority is retained to comment on these matters?
Benefits such as virus protection for email that you don't use, and a free AOL Toolbar with shopping offers you don't have installed. Thank you for your $10 a month you forgot we were charging you for 15 years.
But UK police do routinely arrest and jail people for social media posts that would classify as free speech in sane countries, including skepticism of mass migration.
2008: $35,603 2024: $35,297
US GDP per capita
2008: $48,570 2024: $85,809
Seems to be working great!
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