Friday, November 18, 2022

Did Musk buy Twitter to create a gigantic Tax loss?

Maybe like Trump he will never have to pay taxes again personally? (Trump likely will never pay personal income taxes again because of his 90s Bankruptcy). So, maybe Musk won't ever pay personal income taxes again if Twitter tanks after putting 44 billion dollars into it?

Or maybe Musk knows something the rest of us don't?

My daughter's point of view about how Musk isn't liberal or conservative but just his own man makes the most sense here. 

However, what's going on? And why is Musk doing what he is doing?

He usually has some kind of savvy business reason it appears from most things he does.

The platform benefits all his holdings, so why is he undermining it?

But, maybe he's just redesigning Twitter to help his other businesses. This could be true too.

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