According to @grok U.S. tax compliance costs Americans ~$500B+ yearly:
• 7.1B hours total (~13 hrs per return)
• Opportunity cost of time: $316–$388B
• Out-of-pocket (software/preparers): $148B
• Total: $464B (NTU) to $536B (Tax Foundation)
Hidden tax on productivity.
@RepBeccaB Hes not sitting on cash you dope. He doesnt have any more cash than he did yesterday. Its company value. If you tax company value you tax investors, IRAs, retirement accounts…. Dumbass
@aroom_withbooks@BasedMikeLee@SenWarren He had to borrow money to buy Twitter when he was worth around 5 times as much. Market cap worth is not like cash worth. Berkshire Hathaway is actually sitting on 400 billion dollars cash and nobody cares, they just dont like Elon cause thats the marching orders.