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

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

JD Vance
Alex Wong/Getty Images

The Associated Press Just Made A Super Awkward Fact Check About JD Vance And His Couch

The 2024 election has officially gotten weird.

This week, the Associated Press, along with many other media outlets, issued a fairly shocking fact check: No, Republican candidate for Vice President JD Vance did not, in fact, have sex with a couch.

Keep ReadingShow less
time lapse photography of owl flying
Richard Lee on Unsplash

People Share The Most Obscure Fascinating Wildlife Facts They Know

Biodiversity refers to the variety of life in the world or in a particular habitat or ecosystem. Earth has a great deal of diversity in both flora—plants—and fauna—animals because the planet has many different ecosystems.

From blazing deserts to frozen tundra, life has adapted to live on most areas of our planet. It's only extremely high peaks where life hasn't been found and that may someday change if the climate continues in the direction it's going.

Keep ReadingShow less
People With Estranged Siblings Explain What Caused The Rift
Photo by Annie Spratt on Unsplash

People With Estranged Siblings Explain What Caused The Rift

In life, all good things come to an end.

The same can be said for most bad/toxic relationships.

Keep ReadingShow less
Richard Simmons
Rodrigo Vaz/Getty Images

Richard Simmons' Staff Shares The Eerily Fitting Final Pre-Written Message He Had For Fans

Richard Simmons staff shared the late fitness guru's final message for fans on social media before his untimely death on July 13, a day after his 76th birthday.

Simmons remained mostly reclusive in his later years after he had been an inspirational fitness icon for decades starting with his weight loss-focused programs, notably through his Sweatin' to the Oldies aerobics instruction videos that vaulted his stardom in the 1980s.

Keep ReadingShow less
Tori Spelling; Shannen Doherty
Frazer Harrison/Getty Images; Amanda Edwards/WireImage/Getty Images

Tori Spelling Says She's 'Super Grateful' For Healing 'Last Conversation' With Shannen Doherty

Tori Spelling opened up about being "super grateful" for her "last conversation" with Shannen Doherty, who died earlier this month at the age of 53 after a long battle with cancer.

Speaking with her 90210MG podcast cohost and fellow former Beverly Hills 90210 costar Jennie Garth, Spelling revealed she learned from losing loved ones in the past that she didn't want to have any "regrets."

Keep ReadingShow less