this post was submitted on 25 Oct 2024
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politics

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Thanks to a provision buried in the tax code, Elon Musk could reap one of the largest personalized tax breaks in American history if former President Donald Trump wins the 2024 election and fulfills his pledge to appoint Musk to a top government post, according to tax and ethics experts’ review of long-standing statutes. 

This special tax benefit — which is only available to federal officials — would be in addition to massive tax breaks Musk could reap if a new Trump administration furthercuts income and other taxes for billionaires.

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[–] [email protected] 1 points 1 hour ago

"could" lol

[–] [email protected] 4 points 1 hour ago (1 children)

"Famous Billionaires Who Lost Everything" - https://247wallst.com/special-report/2023/08/23/famous-billionaires-who-lost-everything/ ...just gonna leave this here for no particular reason

[–] [email protected] 1 points 19 minutes ago

This is a fascinating list. Thank you for sharing.

[–] [email protected] 3 points 1 hour ago

Not to mention a pardon for those pesky election interference charges

[–] [email protected] 3 points 2 hours ago

Well of course.

[–] [email protected] 1 points 2 hours ago (1 children)

billionaire bros helping each other

[–] [email protected] 3 points 2 hours ago

Trump likely isn't a Billionaire btw.

[–] [email protected] 0 points 2 hours ago

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Search topics on Ground.Newshttps://www.rollingstone.com/t/2024-election/
https://www.rollingstone.com/t/billionaires/
https://www.levernews.com/tag/elon-musk/
https://www.levernews.com/tag/donald-trump/
https://www.rollingstone.com/t/elon-musk/
https://www.nbcnews.com/politics/2024-election/trump-tells-billionaires-ll-keep-taxes-low-50-million-fundraising-gala-rcna146748
https://www.rollingstone.com/politics/politics-features/elon-musk-trump-tax-break-election-2024-1235141380/
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