$5B should do the trick, but it's hard to say. Musk's summer nonsense has significantly harmed Twitter's business. On the flip side, they don't need to lay off as many employees since many left voluntarily rather than work for a narcissistic d-bag oligarch.He can't though, that's the problem. The breakup fee is for failure to be able to close the deal but it does not cover him for just deciding he doesn't want to buy it anymore. There is no stipulation in the contract for him to be able to back out for this reason, which is why Twitter sued him to begin with.
There is probably some number Twitter would accept from Musk to drop the lawsuit and let him avoid acquisition but it's presumably much higher than the breakup fee.
Read the same, I thought it's even worse than that. Most of the hardware (few thousand $ a piece) was bought for by countries and NGOs. Surprisingly, Poland is tops at donating 9,000 units.I read an article yesterday that broke down how much of the Starlink stuff is actually paid for by various governments, which was a lot, including part of the service whereas the media makes it sound like he is donating everything.
I can't remember the legal term for it. But it also appears like he "Gave" away the service to get the monopolistic market share and is now using the monopolistic power to demand unreasonably high prices. Just another wanna be Pharma Bro.$5B should do the trick, but it's hard to say. Musk's summer nonsense has significantly harmed Twitter's business. On the flip side, they don't need to lay off as many employees since many left voluntarily rather than work for a narcissistic d-bag oligarch.
Read the same, I thought it's even worse than that. Most of the hardware (few thousand $ a piece) was bought for by countries and NGOs. Surprisingly, Poland is tops at donating 9,000 units.
Musk is attempting to get DoD to pay a large multiple of what SpaceX charges other subscribers per satellite, at least the way I read the reporting. I forget the numbers exactly but it was something like 10x. For example, let's say you pay your ISP the advertised price of $50/month that everybody else can get by signing up. Now imagine that the same ISP is asking DoD to pay something like $500 (per unit) for the monthly service. Now I understand Ukraine is unfortunately a war zone, and they constantly need to replace the damaged hardware. It can't be the cheapest place to operate any service. But bilking the govt. for the transmission/service costs is beyond the pale, and in line with much that we now know about Musk.
TLDR: StarLink can probably afford to comp the service, but instead they want to rip off taxpayers instead.
Remember when Elon donated a bunch of CPAP machines, and bragged that he donated "FDA-approved ventilators" to our government?
The only thing that says you can't develop residential on commercial land is zoning and the state legislature has started chipping away at that with SB6/AB2011. Yes people will absolutely sit on unused or underused land because the taxes are negligible.
.....
I'm fine with a flat property tax, but the idea that my taxes go up because the guy next door over paid for his home is ludacris.
How bout that Musk guy, huh?
Sounds like Prop 13 made CA a paradise for retired people on fixed incomes.
Over the 20-30 years of retirement, house prices rising by 600% aren't going to wreck them on property taxes.
It's a terrible solution to an even worse problem, and as Democrats we can come together to endorse a better answer for fixed incomes and rising costs.
It's amazing how many middle and lower class conservatives think a flat tax is best and most fair.
It just takes very basic math to learn this is false but they refuse to do it.
They vote against their own economic interest for various reasons. None of them good usually
It's because conservatives are generally very stupid people. They like "flat tax" because it is simple math. Nothing more than that. They don't want to have to think. Their leaders know that their voters are very stupid and think this way, so they are all to happy to present themselves as the "enlightened leaders" of their movement, so they can keep pushing the idea of a flat tax because it is simple, obviouly quite insidious and wrong, but it doesn't matter. It's simply derived in order to funnel even vaster amounts of wealth from their middle-class and poor voters to the absurdly rich, and that is what they are there to do.
The simple voters will love this proposal, because of the simple math. They will continue to vote for their own encroaching poverty to the benefit of their ever-wealthier leadership class because anything that requires the least thinking is always the best.
This is specifically what the 60s-70s Reagan, et al. recruitment of the evangelicals--the dumbest, most dangerous humans that ever fucking lived--into the GOP was designed to achieve. It has been wildly successful. Just look at these fucking ghouls repeating this same mantra on these boards. They are the products of this complete and total economic arson against the United States and western democracy that the Jon Birchers and GOP planned long, long ago. It would be amazing how successful they have been, if it weren't so obviously simple of a strategy.
if i take $1,000 from someone making $10,000/year, and $10M from someone making $100M/year, who exactly is hurting more?Liberals are stupid people, for being ok with government taking more than half their money and using it in the most inefficient ways possible. 33% income tax + all the other government deductions, 13% sales tax, couple hundred a month property tax, then throw in all the other taxes like capital gains, carbon tax etc... By the time all is said and done you get to keep around a quarter of the money you make.
A flat tax would mean more money in your pockets but also mean that the rich pay their share. Simple is also good, it means less administrative overhead to manage all of it which in the end means more money savings for both the government and for businesses, and for you. ideally get rid of "tax season" altogether. you pay 10%, and that's it. No return, no owing. What now takes a team of 10 accountants could be done by 1 person. In a perfect world this is how it would work.
Liberals are stupid people, for being ok with government taking more than half their money and using it in the most inefficient ways possible. 33% income tax + all the other government deductions, 13% sales tax, couple hundred a month property tax, then throw in all the other taxes like capital gains, carbon tax etc... By the time all is said and done you get to keep around a quarter of the money you make.
A flat tax would mean more money in your pockets but also mean that the rich pay their share. Simple is also good, it means less administrative overhead to manage all of it which in the end means more money savings for both the government and for businesses, and for you. ideally get rid of "tax season" altogether. you pay 10%, and that's it. No return, no owing. What now takes a team of 10 accountants could be done by 1 person. In a perfect world this is how it would work.
A single person would have to make $925,000/year with no deductions other than the standard deduction to be paying an effective federal income tax rate of 33% in the U.S. I'm not breaking out my violin for this.Liberals are stupid people, for being ok with government taking more than half their money and using it in the most inefficient ways possible. 33% income tax + all the other government deductions, 13% sales tax, couple hundred a month property tax, then throw in all the other taxes like capital gains, carbon tax etc... By the time all is said and done you get to keep around a quarter of the money you make.
A flat tax would mean more money in your pockets but also mean that the rich pay their share. Simple is also good, it means less administrative overhead to manage all of it which in the end means more money savings for both the government and for businesses, and for you. ideally get rid of "tax season" altogether. you pay 10%, and that's it. No return, no owing. What now takes a team of 10 accountants could be done by 1 person. In a perfect world this is how it would work.
Liberals are stupid people, for being ok with government taking more than half their money and using it in the most inefficient ways possible. 33% income tax + all the other government deductions, 13% sales tax, couple hundred a month property tax, then throw in all the other taxes like capital gains, carbon tax etc... By the time all is said and done you get to keep around a quarter of the money you make.
A flat tax would mean more money in your pockets but also mean that the rich pay their share. Simple is also good, it means less administrative overhead to manage all of it which in the end means more money savings for both the government and for businesses, and for you. ideally get rid of "tax season" altogether. you pay 10%, and that's it. No return, no owing. What now takes a team of 10 accountants could be done by 1 person. In a perfect world this is how it would work.
If you don't like government in your face, take your mouth off the tit.
if i take $1,000 from someone making $10,000/year, and $10M from someone making $100M/year, who exactly is hurting more?
flat taxes are regressive. progressive taxes are NOT hard, let alone with these magical contraptions called computers.
taxes are the cost of civilization. unless you want private companies charging you through the nose for roads you travel, emergency services, mail delivery, and so on...
edit:
let's use health insurance negotiation as an example.
private insurer: negotiates based on the size of its insurance pool. profits by either negotiating its cost well or denying insurance claims.
universal healthcare: negotiates with the entire population as its insurance pool. has no requirement to profit and can use 100% of its fees to support costs. also backed by the government, which is able to pass laws and has a monopoly on the use of force.
one of those negotiating positions is better than the other.
Tell that to liberals that expect everything from government. In the states, people who took useless degrees who can't get a job want their student loans paid off for example, and it's the working class that foots the bill via taxes.
It's the working class with the high loans, you f'ing twat waffle. They have high loans because the conservative state legislatures cut support for the state universities, the conservative Congress turned grant programs into loan programs, and both let the for-profit diploma mills run wild. The working class got hosed by the profit-is-god/god-is-profit conservative assholes.Tell that to liberals that expect everything from government. In the states, people who took useless degrees who can't get a job want their student loans paid off for example, and it's the working class that foots the bill via taxes.
I never said I wanted to nationalize social media, if anything we need to nationalize less stuff not more. Government needs to get their nose out of everything except for the bare essentials like health care and infrastructure. But those things they also do a poor job at and do it inefficiently so the whole system needs a revamp really. Trim the fat on the top as a start. A flat tax would also force the government to be smarter with money. You know, like how we need to figure ways to make ends meet when they keep raising costs of living.
I never even mentioned Trump, not sure what this has to do with him. Liberals seem so obsessed with him, do they not realize he's not president anymore?
But since we're talking about him, he pays like $1,000/year in taxes. That's less than what most of us pay in a single pay cheque. With a flat tax and getting rid of all the loopholes, he'd be paying millions.
Yeah because the economy is doing so well right now with justinflation LOL. And crime? Crime is at it's highest especially theft and drug related crime. People stealing from homes and businesses nightly and daily even in broad daylight and this is a growing problem everywhere and nothing is being done about it because of liberal policies that seem to protect thieves more than the victims of theft. Liberals and their supporters don't believe in people being able to defend their property so the problem will only keep getting worse.
Conservatives are not THAT much better but out of the 2 major parties they are the least worse. Problem is people like you have been brainwashed to think that bigger government is somehow better. Big governments are for people who can't think for themselves and want constant handouts and spoon feeding. Govern me harder daddy!
Like I said, you aren’t a smart dude. Your knowledge of current events is about what one would expect from someone who only reads headlines.
Dude, just stop. Just stop with that nonsense you are spewing. You're being gaslighted by whoever is feeding you that disinformation.Yeah because the economy is doing so well right now with justinflation LOL. And crime? Crime is at it's highest especially theft and drug related crime. People stealing from homes and businesses nightly and daily even in broad daylight and this is a growing problem everywhere and nothing is being done about it because of liberal policies that seem to protect thieves more than the victims of theft. Liberals and their supporters don't believe in people being able to defend their property so the problem will only keep getting worse.
Conservatives are not THAT much better but out of the 2 major parties they are the least worse. Problem is people like you have been brainwashed to think that bigger government is somehow better. Big governments are for people who can't think for themselves and want constant handouts and spoon feeding. Govern me harder daddy!