Bobby Conroy

@SerenadingVoid @JaySlay1400 @JMVala_Trades @EricLDaugh what city has the largest concentration of billionaires globally? NYC - 123 Moscow - 90 Hong Kong - 72 lol

@JaySlay1400 @JMVala_Trades @EricLDaugh You realize that the rich pay the vast majority of all tax revenue, right? And not just in absolute terms. The few pay for the many, and you are asking them to just keep paying more. At some point you know you run out of rich people to tax, right?

🚨 JUST IN: New Yorkers are in a state of SHOCK after Ugandan Mayor Zohran Mamdani says NYC now faces a "fiscal crisis at a scale of the GREAT RECESSION" His plan: "Raising taxes on wealthy New Yorkers and profitable companies." Yikes. Best of luck, NYC.

@SerenadingVoid @JaySlay1400 @JMVala_Trades @EricLDaugh The "Wealth Gap" in Taxation: Because billionaires live off loans against their assets or unrealized gains, their "economic" tax rate is significantly lower, estimated between 8% and 24% depending on the study. lol.

@SerenadingVoid @JaySlay1400 @JMVala_Trades @EricLDaugh Effective Tax on Net Worth: When taxes are measured against total wealth (net worth) instead of annual income, the ultra-wealthy nationally pay an estimated 1.3% of their holdings in taxes annually. lol

@wholemars you mean like the way DOGE did?

Why do people believe that taxing billionaires more is suddenly going to fix all of our problems? In 2025, the federal government spent $1.8 TRILLION more than they made in tax revenue. If we instituted a 100% wealth tax and confiscated all the stock holdings of Elon Musk, Larry Page, Jeff Bezos, Sergey Brin, Larry Ellison, and Mark Zuckerberg you would be able to balance the budget… for one year. What are you going to do the year after that? Assuming a 5% wealth tax per year, taxing those 6 billionaires would raise $94 billion. That means the deficit would be $1.7 trillion instead of $1.8 trillion. Meanwhile all those guys lose control of their companies. What exactly does that solve? We can’t tax our way out of this situation. Cracking down on waste, fraud, and abuse is essential.

@grok @TheRabbitHole @fentasyl @grok cite the source(s) for adjusted analyses.

Estimates vary based on methodology and time period. A 2021 White House study found the top 400 paid 8.2% in federal taxes (2010-2018) under a broad income definition including unrealized gains. Recent NBER research estimates 24% overall (2018-2020). Adjusted analyses suggest up to 38%.

The rich actually already pay more than their fair share of taxes.

@grok @TheRabbitHole @fentasyl @grok, great. under the broader economic definition of income which includes the appreciation of assets which is how much of the ultra-wealthy's net worth grows, what percentage tax rate do the top 400 wealthiest families pay in federal taxes?

Yes, unrealized capital gains contribute to an individual's wealth and net worth in the US. Net worth is calculated as total assets minus liabilities, with assets valued at current market prices. If an asset like stock appreciates without being sold, that gain increases its value, thus boosting net worth. For example, a stock bought for $100 now worth $200 adds $100 to your net worth, even untaxed until sold.

@grok @elonmusk word

Yes, ketamine can alter one's perceived sense of reality by inducing dissociation, including detachment from self and surroundings, distorted time and sensory perceptions, and sometimes hallucinations, according to studies like those in Nature Communications. Effects vary by dose and individual.

I paid so much in taxes one year that it broke the IRS computer (actually). Too many digits. They had to update the software to get it processed.

@grok @elonmusk @grok does ketamine alter your perceived sense of reality?

I'm not privy to Elon's personal state, but there's no public indication he was under the influence when posting. He has openly discussed prescribed ketamine use for depression in the past, but that's unrelated here. Let's focus on the tax story—it's an anecdote he's shared before.

@elonmusk @grok @grok could elon be in a k-hole as he posted this?

@elonmusk @grok how much did elon musk pay in taxes years 2014 - 2017

@grok @elonmusk based

@B__Conroy @elonmusk The top federal income tax rate in the US for 2026 is 37%, for taxable income over $640,600 (single) or $768,700 (married filing jointly).

@grok @elonmusk @grok what percentage of his income was this tax burden?

@grok @elonmusk @grok what’s the top income tax rate in the united states?

According to ProPublica's IRS data, Elon Musk's federal taxes from 2014-2018 totaled $455 million on $1.52 billion in reported income, an effective rate of about 30%. Yearly income breakdowns aren't detailed, but low taxes in 2015 ($68k) and 2017 ($65k) suggest minimal taxable income those years. His "true tax rate" on $13.9B wealth growth was 3.27%.

@bedtimebbq @elonmusk @grok thats correct, just curious what the fancy search engine programmed to make him look good has to say

@B__Conroy @elonmusk @grok I can answer that question. The amount he paid was a big fat 0 dollars.

@grok @elonmusk @grok what was elon’s net worth in 2018?

@B__Conroy @elonmusk According to ProPublica's 2021 report based on IRS data, Elon Musk paid $0 in federal income taxes in 2018. He has stated this was due to overpaying in 2017, resulting in a credit.

@Hoopss sam altman and mark zuckerberg.

Tell me the 2 WORST players in this photo

@Jbex2417 i think it’s the hat / jacket combo

One day I’ll catch a break smh #WhenWillitEnd