Value Subtracted@startrek.website to CanadaEnglish · 1 day agoWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caexternal-linkmessage-square24fedilinkarrow-up113arrow-down11
arrow-up112arrow-down1external-linkWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caValue Subtracted@startrek.website to CanadaEnglish · 1 day agomessage-square24fedilink
minus-squarePhoenixzlinkfedilinkarrow-up2·8 hours ago100% tax on anything over 50 million in net worth Nobody needs more than that, ever
minus-squarephlegmy@sh.itjust.workslinkfedilinkarrow-up1·6 hours agoSounds great, but they’ll find ways around it. Make a micro-company where they’re the sole employee, and claim any purchase as a business expense. “For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”
100% tax on anything over 50 million in net worth
Nobody needs more than that, ever
Sounds great, but they’ll find ways around it.
Make a micro-company where they’re the sole employee, and claim any purchase as a business expense.
“For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”