Value Subtracted@startrek.website to Canada@lemmy.caEnglish · 1 day agoWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caexternal-linkmessage-square23fedilinkarrow-up112arrow-down11cross-posted to: onguardforthee@lemmit.online
arrow-up111arrow-down1external-linkWhy Canada can't strip Elon Musk of Canadian citizenshipwww.cbc.caValue Subtracted@startrek.website to Canada@lemmy.caEnglish · 1 day agomessage-square23fedilinkcross-posted to: onguardforthee@lemmit.online
minus-squarePhoenixz@lemmy.calinkfedilinkarrow-up2·4 hours ago100% tax on anything over 50 million in net worth Nobody needs more than that, ever
minus-squarephlegmy@sh.itjust.workslinkfedilinkarrow-up1·3 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.”