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Danforth

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Saturday, August 22, 2026

In 2000, we ran a surplus budget. One generation later, we're $40 Trillion in debt, and the annual service on that debt is now more than we spend on Defense. read more


Comments

"Elon's Tesla salary is $0."

Owner, not employee.

"At SpaceX it's $54,000."
To take advantage of the qualified dividends; MUCH better than wages.

But wait...the trillion dollar payday doesn't count if it's a bonus??? It would for everyone else.
www.thenation.com

There's a rule: using an IRA as collateral forfeits the tax advantages of that account.

Why shouldn't investors like Elon have to live by the same rules? If an investment is up $4 million, any loan application using the gain as collateral should make the gain taxable in that year.

I get it's "unreaiized gains", but the fact is, the real world REALIZES that money; it's only tax world that doesn't.

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