Joe Biden’s utter absence of financial understanding was on complete screen Saturday and Twitter CEO Elon Musk completely embarrassed him while doing so.
Biden sent a tweet declaring that billionaires do not pay their “reasonable share” in taxes. To fix this, he required a minimum 25% tax rate on billionaires.
Look, I believe you need to have the ability to be a billionaire if you can make it, however simply pay your reasonable share. I believe you should pay a minimum tax of 25%.
It’s about fundamental fairness.
As kept in mind by the Blaze, Biden’s tweet likewise consisted of a graphic consisting of a message from his State of the Union Address.
You understand what billionaires pay? 3 percent.
No billionaire must be paying a lower tax than someone working as a teacher or firemen.
Look, I believe you ought to have the ability to be a billionaire if you can make it, however simply pay your reasonable share.
I believe you should pay a minimum tax of 25%.
It’s about standard fairness. pic.twitter.com/oHgreYCdUz
— President Biden (@POTUS) March 18, 2023
Musk rapidly got on this rubbish. He mentioned that he paid an integrated 53 percent tax on Tesla stock choices at both the state and federal level.
He likewise included that he paid more taxes than anyone in the world in 2021 and will likely do so once again in2022 Musk back in 2021 paid a massive $11 billion in taxes
Community Notes is a function Musk gave Twitter. This is basically a crowd-sourced fact-checker.
I paid 53% taxes on my Tesla stock choices (40% Federal & & 13% state), so I should be raising the typical!
I likewise paid more earnings tax than anybody ever in the history of Earth for 2021 and will do that once again in 2022. @CommunityNotes, is the 3% number mentioned above precise?
— Elon Musk (@elonmusk) March 18, 2023
Musk then asked Community Notes to fact-check Biden. Neighborhood Notes is a function Musk gave Twitter. This is basically a crowd-sourced fact-checker.
It did so and now the fact-check is completely connected to Biden’s initial tweet.
Look, I believe you need to have the ability to be a billionaire if you can make it, however simply pay your reasonable share.
I believe you should pay a minimum tax of 25%.
It’s about fundamental fairness. pic.twitter.com/oHgreYCdUz
— President Biden (@POTUS) March 18, 2023
As Gateway Pundit readers understand, this is not the very first time Musk has actually ruined progressive legislators on economics. Senator Elizabeth “Pocahontas” Warren was his victim back in 2021.
You advise me of when I was a kid and my pal’s mad Mom would simply arbitrarily chew out everybody for no factor
— Elon Musk (@elonmusk) December 14, 2021
The post Elon Musk Obliterates Joe Biden after Biden Tweets Out Absurd “Fair Share” Tax Claim appeared initially on The Gateway Pundit
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