Donating to yourself
Wednesday, 12 Mar 2025
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Also a tax writeoff, FYI.
Very conveniently done before the end of year.
This is the standard billionaire move to donate to a “charity”. One that they happen to administer. You’ll never find them just flat out giving money to Doctors without borders.
There’s a reason he’s called “Enron Musk”
Must have learned this from other churches, charities
Thats called legalized tax evasion
He is worth 440 Billion so this is just the change he keeps in his truck
You made a donation in my name to something called “The Human Fund”?
This fucker is the richest man to ever pollute the fine blue green marble we call home…and he wants more fucking money like my guy you just made enough money to guarantee your lineage security for a millennia
Charities are more often tax shelters than actual charities.
This is how billionaires avoid paying taxes.
Merica is broken, but neither party wants to fix it, the one headed by the convicted felon does want to break it more than the other though.
A wee bit of tax fraud to get around paying capital gains tax, perhaps?
It’s called the Human Fund. It’s money for people.
Anything he does these days is basically donating to him
*Elon Musk Creates Tax Shelter*
ftfy
Granted, the guy is a grade A Nazi douchebag, but in fairness it’s not an uncommon naming structure. See, for instance, the Gates Foundation, the Robert Wood Johnson Foundation, etc. So if you’re gonna drag this cocksucker, do it for something legitimate like WHAT his foundation donates to. I doubt it’ll be the Southern Poverty Law Center or the ACLU.
Things that should obviously be illegal but we’ve been sold out by the Boomers over the last 40 years.
Learned that from trump, no doubt.
Isn’t that what the Trump Org got convicted for doing in NY?
They also use Charities to cover travel expenses under the guise of board meetings. It’s the gift that keeps giving.
Slimeball move. What a total douche.
Out from the right pocket, into the left pocket.
Learned from The (first lady) Donald, he has.
Elon Musk is a global terrorist. Let’s treat him like one.
Scum!
Dump some employees for breakfast, donate to yourself for lunch and DOGE FOR DINNER.
THE MAN’S A SCAM.
This is some bullshit just to avoid taxes, guaranteed.
This is how they avoid paying taxes. This and buying “art” at exuberant prices. He still controls that money, and he still controls how it’s being spent and on what is being spent.
The charity then donated it to the Trump campaign.
In other words, he took a tax write off to fix his own fuck ups.
I’m sure he takes a sizable fee for ” administration “.