this post was submitted on 03 Feb 2026
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Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

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[–] nfamwap@feddit.uk 7 points 10 hours ago* (last edited 10 hours ago) (2 children)

Dude, I'm on 80k a year. Pretty sure I couldn't afford a gazillion-dollar wedding in Venice

[–] village604@adultswim.fan -2 points 9 hours ago* (last edited 9 hours ago)

And? My point is the real money he got from Amazon that can actually be taxed is not the same as his estimated net worth.

Bezos doesn't have a checking account with billions sitting in it. His wealth is in the unrealized gains on non-liquid assets. It's imaginary money until it's used as collateral for loans, at which point it should be taxed as a realized gain.

[–] Hisuiiro@thelemmy.club 0 points 9 hours ago

That would be the "unless it's used as collateral to get real money." part