on here but of course before we get into any of it please make sure to leave a like comment subscribe share the video as much as possible we're still shadow banned by the youtube algorithm hidden from non-subscribed viewers and with that out of the way let's roll the tape alright folks so take a look at this right over here from the post-millennial elon musk's NUMBER_TOKEN billion dollar tax payment isn't enough for premier jayapal who demands that quote the rich pay their fair share elon musk announced that he would be paying some NUMBER_TOKEN billion dollars in taxes for the NUMBER_TOKEN fiscal year but that still isn't enough for progressive representative premier jayapal who thinks that he should be paying even more jayapal appears to believe that wealth and not just income should be taxed now she doesn't believe that she just literally doesn't understand the distinction let me show you her tweet elon musk made NUMBER_TOKEN billion dollars in one day but wants to brag about paying an NUMBER_TOKEN billion tax bill oh yeah he also added more than NUMBER_TOKEN billion dollars in wealth just since the pandemic started time for the rich to pay their fair share and now some of you guys depending on how interested you are in finances in general you'll either get why this is absolutely ridiculous or you might be a little bit confused so let me explain it she claims that elon musk made NUMBER_TOKEN billion dollars in one day that is a lie elon musk is a shareholder of his own company so when the speculative value of a publicly traded company tesla has billions of dollars invested into it infused into the company then his shares are then worth x amount of dollars more and so let's say all of the shares that elon musk now owns in tesla go up NUMBER_TOKEN billion dollars then his net worth is now NUMBER_TOKEN billion dollars higher in one day based on all the investment that happened in tesla elon musk didn't make NUMBER_TOKEN billion dollars it's not like he cashed in NUMBER_TOKEN billion dollars in transactions and then has to declare that as income and pay taxes on it it's unrealized gains and honestly it's not even really NUMBER_TOKEN billion dollars because if elon musk hypothetically was to sell all of his stock what do you think would be happening to the stock price of tesla it would be tanking as he sells all of his shares they show a constant total lack of understanding of the way finances work they do the same thing with donald trump donald trump's worth four billion dollars therefore he should pay two billion dollars in taxes donald trump never had four billion dollars in the bank donald trump just owns property that is worth a specific amount of money under his corporation he probably pulls what he has to live go on vacation luxury goods buy what he wants to buy take care of his family and then it stops there the rest of the money stays in the corporation it's reinvested he buys more properties he pays whatever little taxes he has to pay on on the salary that he pulls out of course little tax credits and little things that you do here and there and liberals just don't seem to understand the way that this works they don't seem to understand what it is to be a business owner what it
START_INTERACTION_TOKEN on here but of course before we get into any of it please make sure to leave a like comment subscribe share the video as much as possible we're still shadow banned by the youtube algorithm hidden from non-subscribed viewers and with that out of the way let's roll the tape alright END_INTERACTION_TOKEN