North Electric Co, 1969
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To clarify, Elon musk has had years where his net worth increased by around $121B (such as 2020 and 2021, a time when a lot of people were suffering) but he did not pay income on this increase because an overwhelming majority of it was not reported as income.
If Elon Musk were paying regular income tax on this increase in net worth, he would be in the top bracket paying 37%, which would be about $44.4 billion. Instead, he's paying about 1/4th that. Why? Because he's able to benefit from loopholes and legal tax avoidance schemes, such as borrowing at a very low rate against unrealized capital gains, that most taxpayers are not able to benefit from.
A large part of why there is such a massive disparity in wealth between the rich and poor in our society is that we allow people who already have a ton of wealth to concentrate wealth very easily while avoiding tax, like this. Closing these loopholes is important to ensuring equality of opportunity and also avoiding the extreme concentration of power in the hands of a tiny number of people.
And we see the negative effect on the world of allowing Elon Musk to have such wealth and thus power.
Please, support closing these tax loopholes. At a bare minimum I want him to pay some sort of base level of tax on the increase in his net worth. But I also would prefer that the top tax bracket was much higher. 37% is much lower than it was historically. Not that long ago it was even as high as 90%. Having it that high is a strong disincentive or deterrent to people getting the sort of compensation that leads to people becoming super wealthy. But it's probably more important to fix the loopholes because if you just raise the rate but still allow legal tax avoidance, people will just avoid paying tax.
4 non blondes were right. I DO wake in the morning and I step outside and I take a deep breath and I get real high and I scream from the top of my lungs what’s going on!!!!!!!!!!!!!!!!!!
it should be illegal to tow a car as punishment and i’m not even kidding
you park in the wrong spot somewhere. maybe at a friend’s apartment complex, or at a store when you’re actually walking somewhere else, or whatever. they could ticket you—still charge you a fine for parking where you’re not supposed to. but instead, in a far more crippling way than a fine (which is already hard enough for low income people), they call a third party and steal your car. so you have lost your means of transportation, which you will only learn the next time you need your car, because they don’t have any need or care to notify you.
so first, you have to figure out which towing company they used. which you can only do if the place that decided your car was in the wrong spot is still open, or if you can get someone on the phone.
assuming you figure out which company towed your car, which one time took me over an hour on its own because the number on the signs warning about towing in the parking lot was a dead number, you then have to figure out how to get there. without a car. god help you if you don’t have someone in your support network to pick you up or public transportation, because most of the time it’s at least a mile away.
you find a way to get there, you call them to see if your car is even really there, and they tell you they won’t give your car back until you pay them. how much? well, it’s not regulated, so they can pretty much say whatever number they goddamn feel like. i recently got towed by a company infamous in my college town and they charged me a whopping $180–half of my paycheck for two weeks during the school year. when the same company towed my brother last year, and we both have the same sized cars, they charged him $300. they don’t have to justify the charge, they don’t have any itemized receipt, because what are you going to do? not pay it? you have to get to work and you’re already short on time because you had to walk to the goddamn towing place or have someone come get you to bring you there or spend an hour on the phone with different people trying to figure out where the fuck your car was in the first place.
it’s extortionate. it’s absolutely insane that they can, without exaggeration, steal someone’s car and hold it for ransom under the assumption that you will pay anything to get it back, because of the extent to which our society is dependent on cars.
girlboss? no. girlworkers. girlunion. we have nothing to lose but our girlchains.
can we keep some of the girlchains for sex stuff

















