this post was submitted on 30 Aug 2024
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[–] Blackmist@feddit.uk 69 points 2 months ago (2 children)

it is impossible to operate in San Francisco if you’re processing payments

Is it though? He talks like he still runs PayPal. All Twitter sells is adverts, blue ticks and hate.

[–] hroderic@lemmy.world 59 points 2 months ago (1 children)

"It's impossible to operate in San Francisco, they expect you to pay your rent "

[–] buddascrayon@lemmy.world 21 points 2 months ago (2 children)

Yeah I wonder how many billions of dollars in incentives did Texas Republicans promise that douchebag in order to get him to move to their State. And how many Texans are going to have to foot that bill.

[–] ours@lemmy.world 20 points 2 months ago (1 children)

Typical Elon, vaunting libertarianism while paying himself with Government payouts.

[–] NutWrench@lemmy.world 7 points 2 months ago

"Privatize the profits and socialize the risks." (for billionaires)

"But we can't let poor people get handouts. That's socialism."

[–] 800XL@lemmy.world 4 points 2 months ago (1 children)

As of 2020, all of his companies had received around 5 billion in subsidies, tax credits, and the like.

[–] buddascrayon@lemmy.world 4 points 2 months ago

Yeah that's what we call corporate welfare. What exactly did that 5 billion buy anybody? All it did was make that fucking asshole richer.

[–] vxx@lemmy.world 30 points 2 months ago* (last edited 2 months ago) (1 children)

He wants to turn twitter into Wechat, which is used for paying basically everything in China. In San Francisco you can't just get rich by funneling money, you have to pay taxes on it.

You would still get rich but he wants it all for himself and doesn't want to pay his debt to the United States.

[–] phoenixz@lemmy.ca 11 points 2 months ago (1 children)

~~debt~~ fair share, you mean. His billions of debt that have about a billion of interest per year is another story

[–] vxx@lemmy.world 1 points 2 months ago* (last edited 2 months ago)