Skip to content
Search AI Powered

Latest Stories

Elon Musk Responds To Dem. Senator's Criticism About 'Tax Avoidance' With Crass Sex Joke

Elon Musk Responds To Dem. Senator's Criticism About 'Tax Avoidance' With Crass Sex Joke
Yasin Ozturk/Anadolu Agency/Getty Images; Greg Nash/Pool/AFP/Getty Images
Make us preferred on Google

After Tesla CEO Elon Musk asked his Twitter followers whether he should sell 10% of his Tesla stock, things got a bit weird when he sparred with Oregon Democratic Senator Ron Wyden, the architect behind the proposed billionaires tax that recently died in the Senate.

Musk created a poll on Saturday in which he asked his followers whether he should sell 10% of his stock, and promised to abide by its results.


The majority of those who participated in the poll agreed that Musk should sell his stock.

The poll also caught the attention of Senator Wyden, who not only devised the billionaires tax but also chairs the United States Senate Committee on Finance.

Wyden criticized the poll, which comes at a time when many support taxing unrealized capital gains.

He said that whether Musk "pays any taxes at all shouldn't depend on the results of a Twitter poll" and called for the implementation of the Billionaires Income Tax.

Musk later responded but did not address Wyden's concerns directly.

Instead, he commented on Wyden's appearance and claimed that Wyden's Twitter profile picture makes him look like he just had an orgasm.

Many criticized Musk for childish and immature behavior.








The Billionaires Income Tax which died in the Senate last month, would have imposed annual capital-gains taxes on about 700 of the wealthiest Americans.

As pointed out by The Wall Street Journal,

"The Wyden proposal would have taxed holdings for a small group of investors, mostly billionaires, based on paper gains in publicly traded companies."
"In other words, they would have owed tax annually if their shares in a company rose even if they didn't sell them. Losses would have offset gains, and large losses could have been carried forward or back to other years."

Wyden unveiled the proposal in September, which, according to a press release, was designed to "close loopholes that allow wealthy investors and mega-corporations to use pass-through entities, primarily partnerships, to avoid paying their fair share of taxes."

Billionaires would have been taxed at 23.8% on their capital gains, whether realized or not.

The proposal has received heavy criticism from the right-wing, who have largely accused Democrats of interfering with the free market.

The Heritage Foundation, a conservative think-tank, branded it "likely unconstitutional."

More from News

Screenshot of Donald Trump during ribbon-cutting ceremony
Newsmax

Video Of Trump Ribbon Cutting Ceremony Is All Kinds Of Awkward After Media Ban Backfires Spectacularly

President Donald Trump's decision to ban CNN, MS NOW, and Politico from the White House prompted a network boycott in solidarity and a ribbon cutting ceremony on the White House's South Lawn came with completely indecipherable audio because the press pool has decided to stop filming daily events.

Footage from a Monday ribbon cutting ceremony revealed that the sounds of the Marine One chopper just yards away drowned out Trump's remarks. The far-right network Newsmax was on the scene, and even they had to admit that Trump's attack against the free press seemed to be “backfiring just a little bit.”

Keep ReadingShow less
screenshots from Chris Gallant Instagram reel
@_gallantny/Instagram

Gay Congressional Candidate Refuses To Be Ashamed Of Fetish Model Past After Attacks From Conservatives—And We're Cheering

Openly gay New York congressional candidate Chris Gallant is a Black Hawk helicopter pilot in the New York Army National Guard and volunteer firefighter on Long Island. He was an air traffic controller with the Federal Aviation Administration and served in a union leadership role with the National Air Traffic Controllers Association.

But he is being attacked for another job he once had.

Keep ReadingShow less
Mike Johnson flanked by other Republicans
Tom Williams/CQ-Roll Call, Inc via Getty Images

House Republicans Get Hit With Epic Reminder After Tweet Warning About Communists Building Walls

After the official House Republicans X account tweeted a warning that "every communist country eventually builds a wall," critics were quick to point out the party's general hypocrisy.

President Donald Trump has long advocated for the United States to construct a border wall, making it a cornerstone of his immigration policy back in 2016. Since then, Republicans have continued to defend the wall as necessary for reasons of national security.

Keep ReadingShow less
Screenshot of Mike Pence; Donald Trump
C-SPAN; Anna Moneymaker/Getty Images

Mike Pence Reveals Trump's Telling Response After Pence Offered His Prayers Following Jan. 6 Rift

Vice President Mike Pence told the audience during his appearance at the Economic Club of Washington, D.C. that President Donald Trump rejected his offer of "praying" for him following their public rift in the aftermath of the January 6 insurrection.

Pence has long appeared to play both sides, on one hand condemning Trump for pushing the "Big Lie" that the 2020 election was fraudulent, while on the other accusing Democrats of not advocating for election integrity. But he has been out of Trump's good graces for years now since his decision to certify Joe Biden's victory in the 2020 presidential election.

Keep ReadingShow less
Shailene Woodley attends the 78th Primetime Emmy Awards at Peacock Theater in Los Angeles, California.
Monica Schipper/Getty Images

Shailene Woodley's Stylist For The Emmys Calls Out 'Super Rude And Mean' Comments About Actor's Look

Shailene Woodley has plenty going on right now, including her first Emmy win and an ex-fiancé suddenly sharing intimate details about their relationship. Yet somehow, the internet has decided her red carpet outfit is the situation requiring immediate attention.

Woodley attended Monday’s 78th Primetime Emmy Awards after already having a pretty good reason to celebrate. The 34-year-old won her first Emmy for Outstanding Guest Actress in a Drama Series for playing Annie Clay in season 2 of Hulu’s Paradise at the Creative Arts Emmys on September 6.

Keep ReadingShow less