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A comment on Twitter's Top Advertisers Have Left. Parent comment

Re:Twitter's Top Advertisers Have Left by AndrewKemendo on Saturday February 11, 2023 @10:11AM (#34753001)
My totally wild idea here is that he's trying to glitch the banking system by incurring the largest possible personal loss (though it's all levered) in history so that he never has to pay taxes for any of his space adventures in the future

To be clear I don't fall into the "5D Chess Genius Elon Musk" trope

However he's smart and a sociopath who has shown expertise in financial engineering using any sources he can with no regard to the fallout so long as it pushes the "Musk as space leader" narrative

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Re:Twitter's Top Advertisers Have Left by lapcat on Saturday February 11, 2023 @10:39AM (#34753277)
Musk doesn't have to pay taxes on his stock unless and until he sells it, which ironically is what he has been forced to do in order to finance the Twitter deal. So if he wanted to avoid paying taxes, purchasing Twitter was the dumbest idea ever. But I seriously doubt that was his reason.
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Re:Twitter's Top Advertisers Have Left by yellow_lead on Saturday February 11, 2023 @10:16AM (#34753041)
Losing $X money in order to not pay taxes on up to $X income, where you could've just not lost $X in the first place, isn't exactly financial engineering.
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