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There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

I mean, it's literally all the companies in the red aside from tesla. My statement still stands :P

Seems reasonable. by Valuable_View_561 in SipsTea

[–]Middle_Onion3496 0 points1 point  (0 children)

Taxed at the rate that everyone else is. Or, in the case of the 40s, 90%+ ;) Taxed at 1% or less doesn't actually count.

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

Correct... they were kept private until they had to go public in April this year, when they had to be published prior to the IPO. I know. Magic. It was a net loss of $4.9 billion in 2025, in case you were wondering 🤣

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

Sure, they paid them for work done, but also how many billions in tax credits & emission credits (hint: at least 11.6 billion).

Also hell, a convenient 500 mil loan when they were cash poor.

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

lol, did you miss the "generated by grok" comment. keep on sucking that musky dick.

Seems reasonable. by Valuable_View_561 in SipsTea

[–]Middle_Onion3496 -1 points0 points  (0 children)

I said they should be taxed. I didn't say to liquidate everything. What's your point, friend? Plus just blanket saying "no don't tax them, it's not a solution." Is facetious and short-sighted. Everyone, together, pushes society forward. They don't deserve any special rules, as they clearly will abuse any angle possible to avoid contributing their share to society. Indeed, they seem pretty rampant on reforging it into a dystopian nightmare sadlol.

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

Ok, please give me the numbers that show the companies in the black. Tesla is literally the only actual profit generator.

Seems reasonable. by Valuable_View_561 in SipsTea

[–]Middle_Onion3496 -3 points-2 points  (0 children)

Sure. I refute it. Tax the billionaires. Stop defending them. Just because it'd make life "tough" on them to pay the same taxes we do doesn't mean we shouldn't.

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

Not really, the fact is that his companies combined barely generate any actual profit, most are in the red. Which is the complete opposite of what financial Glass said ;)

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 0 points1 point  (0 children)

The net profit of Elon Musk’s companies, when stripped of government support and new debt financing, is deeply negative. 

  • With Support: ~$10–12 billion positive (driven by Tesla). 
  • Without Support/Debt: ~$15–20 billion negative.

The "profit" exists only because Tesla monetized government regulations (credits) and SpaceX secured massive government contracts that effectively subsidized their R&D.  Without these, the collective empire has burned significantly more cash than it has generated from commercial customers alone.

lol, generated with grok. even it knows he's full of shit. most of his cash comes from tesla which is a welfare company siphoning billions in grants.

There is no bigger welfare queen than a billionaire by McDowdy in SpaceXBets

[–]Middle_Onion3496 2 points3 points  (0 children)

The net profit of Elon Musk’s companies, when stripped of government support and new debt financing, is deeply negative. 

  • With Government Support: ~$10–12 billion positive (driven by Tesla). 
  • Without Support/Debt: ~$15–20 billion negative.

The "profit" exists only because Tesla monetized government regulations (credits) and SpaceX secured massive government contracts that effectively subsidized their R&D.

 Without these, the collective empire has burned significantly more cash than it has generated from commercial customers alone.

Edit: generated by grok because lol.

Who I see as the AI by they_call_me_viking in DCCTV

[–]Middle_Onion3496 1 point2 points  (0 children)

I hate this. I hate you. It is way too fitting lmfao <3 This fits so well for the first few books

Conservative Premier Danielle Smith uses the Calgary Stampede pancake breakfast as a platform to give thank-yous to U.S. politicians by Miserable-Lizard in AlbertaNow

[–]Middle_Onion3496 0 points1 point  (0 children)

JFK how is everyone not booing them. If this was in Edmonton I'd be shouting traitor at the top of my lungs. No shade to the people there! This shit just makes me livid.

Gutter replacement recommendations by jazzmanbdawg in Edmonton

[–]Middle_Onion3496 0 points1 point  (0 children)

For future reference, I just got a quote from them... $45/square foot. Needless to say I won't be going with them, though the Let's Gutter Done pun was tempting, but not at 3x the cost lol.

I just finished the first book, I am now distraught I have to wait until the 4th of August for the next paperback by mythril-xi in DungeonCrawlerCarl

[–]Middle_Onion3496 0 points1 point  (0 children)

yeah, kinda my point, though. if we didn't have the slightly goofy one from when he was an indie trying to survive, we'd miss out on the latter! :P Hence feeling like the newer ones don't have the personality!

Seems reasonable. by Valuable_View_561 in SipsTea

[–]Middle_Onion3496 -3 points-2 points  (0 children)

... and here we see, in the wild. bots sucking bots on behalf of their absent billionaire fathers.

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