oren — 9/8/2022, 5:56:25 PM

@jeff sorry for being mean but Elon musk is one of my favorite people in the world

♥ 7 ↩ 0 💬 13 comments

comments

quantum-codes:

Same!

9/9/2022, 2:42:17 PM
grippins:

How many charities has he donated to yet?

9/8/2022, 6:39:20 PM
oren:

he actually donated $5.7 billion last year

https://www.forbes.com/sites/elizahaverstock/2022/02/15/elon-musk-reports-donating-57-billion-to-charity-but-there-is-no-trace-of-that-gift-yet/?sh=5f3b687f2782

see the chart at the bottom of this article

9/8/2022, 7:04:06 PM
emoj:

im pretty sure if you donate to charity you get tax deductions

elon musk made ~100B dollars last year

income tax for his tax bracket is ~37% which would be 37B

5.7B < 37B

correct me if i am wrong

9/8/2022, 8:58:42 PM
oren:

he payed $11 billion last year, which for his income is quite a lot

9/8/2022, 9:09:46 PM
oren:

11 billion in taxes

9/8/2022, 9:09:56 PM
emoj:

hmmm whats his income tho

9/8/2022, 9:11:23 PM
oren:

there is a difference between worth and income

Worth is the total value of all your assets minus debt. For Elon, that’s about $250 billion, mostly from stock.

But liquid assets are money that you can spend immediately, and Elon has very little of that. In fact, he is kind of poor when it comes to liquid assets, and only has a $45,000 house

That $11 billion in taxes was quite a lot, he probably could not pay it with his liquid assets and likely had to sell some of his stock

9/8/2022, 9:59:27 PM
emoj:

true

9/9/2022, 1:00:04 AM
lily:

his twitter is atrocious

9/8/2022, 6:10:30 PM
oren:

twitter by itself is atrocious. imagine not using wasteof.money

9/8/2022, 7:01:48 PM
lily:

true

9/8/2022, 7:40:58 PM
quantum-codes:

Good point lol

9/9/2022, 2:42:07 PM