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

Amy Adams
Alan Chapman/Dave Benett/Apple TV/Getty Images

Amy Adams Reveals She Saved Stabbing Victim's Life Thanks To Skills She Learned On Short-Lived TV Medical Drama

We've all heard how important it is to be a lifelong learner and to try to learn something new every single day. And if you're Amy Adams, what you learn might save someone's life someday.

While on the SmartLess podcast, Adams reflected on some of her biggest roles, like Arrival, and that one time she was on a limited series on CBS, only for the channel to cancel the medical drama after five episodes, even though it was only set to run for ten. The remaining five episodes were never released.

Keep ReadingShow less
Bill Burr on The Big Podcast; Shaquille O'Neal on The Big Podcast
The Big Podcast with Shaq/YouTube

Bill Burr Epically Roasts Shaq For Claiming That The Earth Is Flat Due To His Experience On Planes

There is arguably no conspiracy theory more notorious than the idea that the Earth is flat rather than round.

Despite hard scientific evidence to prove otherwise, "flat Earthers" seem to be growing at a surprising rate.

Keep ReadingShow less
Dwayne Johnson
VCG/VCG via Getty Images

Dwayne Johnson Sparks Debate After His Comments About Why He Stays Out Of Politics Rub Some Fans The Wrong Way

Former football player turned professional wrestler turned actor Dwayne "The Rock" Johnson is facing fan backlash over recent comments he's made about remaining an apolitical public figure when most of his fellow performers have chosen to either speak out against injustice in fascism or wholly embrace it.

In an interview with Esquire, Johnson criticized his colleagues for sharing their political views with the public.

Keep ReadingShow less
Screenshot of Elizabeth Warren
CNBC

CNBC Includes Hilarious Typo In Chyron During Elizabeth Warren Interview About AI—And We're Obsessed

After Massachusetts Democratic Senator Elizabeth Warren appeared on CNBC to decry the lack of AI regulations in the United States, the network misquoted her in a chyron with a typo when she discussed AI's "funky, hinky bookkeeping."

Warren, who has been working with Connecticut Senator Richard Blumenthal, a fellow Democrat, on legislation to address this deficit, also pointed out that the Trump administration has no regulators to speak of.

Keep ReadingShow less
Screenshot of Linda Luttrell; Donald Trump
MS NOW; Saul Loeb/AFP via Getty Images

Ex-Trump Supporter Brutally Rips Trump For His Treatment Of Poor Americans In Viral Interview Clip

A former Trump supporter in rural Missouri has gone viral after speaking to MS NOW reporter Rosa Flores about the impact of President Donald Trump's second term on some of the nation's poorest communities.

Ahead of the interview, a news segment notes that Flores "is traveling Route 66 to talk to real Americans about their real lives" and recently spent time speaking with people in Missouri, reporting on their current reality with midterm elections just months away.

Keep ReadingShow less