Theyβre not tax loopholes their tax codes. The very codes are written by our government. The government is the problem get a reality check and educate yourself. The same politicians that are bitching about. It are the same politicians who take advantage of those same tax codes. And make millions somehow?
@Fat_Electrician The way our government currently manages taxes what makes you think it would make a difference in anyway lol. Try focusing on the real problem, corrupt politicians.
XRP: πΊπΈ Crazy to think less than 1 year ago, $XRP was $3.50+ & thousands of investors were begging for an opportunity to buy more under $2.00β¦
Today, XRP is a $1.15 & those same investors are no where to be found.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.