Marcus C Wilson
641 posts

Marcus C Wilson
@mciwilson
Getting healthy. And getting digital. Views my own.
Sydney Katılım Haziran 2009
723 Takip Edilen469 Takipçiler

A crazy tax idea for Elon Musk.
He could become the biggest OZ investor in history.
The IPO is the trigger.
SpaceX goes public June 12 under the ticker SPCX and the valuation might go to $2 trillion. The largest IPO ever.
Insider lockup runs 180 days. It expires around December 15.
The day it ends, insiders can sell. Every share sold throws off a capital gain. For Elon, holding billions in SpaceX paper, the gain is staggering.
Under the new Opportunity Zone rules that take effect January 1, 2027, any capital gain rolled into a Qualified Opportunity Fund within 180 days of the sale earns a five-year tax deferral.
Sell in late December 2026. Invest in early 2027. The tax bill is not due until 2032.
If the QOF investment is held for ten years, the entire appreciation comes out tax-free. No capital gains. No depreciation recapture. Zero.
But Elon isn't going to suddenly start investing in apartments or hotels in low income areas. He is going to remain obsessed with investing in his core businesses.
Good news.
The town of Starbase, Texas sits inside an Opportunity Zone census tract. Grimes County, where Musk is building a $55 billion semiconductor fab called Terafab, has three OZ tracts of its own.
Elon could sell SPCX shares after lockup. Roll the gain into his own Qualified Opportunity Fund. Use that fund to build infrastructure at Starbase or finance the Terafab site.
Then lease the asset back to the public company.
SpaceX pays the rent. The rent is deductible to SpaceX. The depreciation flows to Elon and offsets his other income for a decade.
Then he sells the QOF interest in 2037.
No tax on the appreciation. No recapture on the depreciation. The original gain that funded it all was deferred to 2032.
The IPO funds the infrastructure. The infrastructure runs the company. The taxpayer pays nothing for ten years and almost nothing forever.
This is the crazy idea.
The mechanics are real. The zones are real. The IPO is real.
I am glad to advise his tax team. 🤠
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Marcus C Wilson retweetledi

@FredLambert @DVanLangenhove if child protection was the goal, why doesnt Starmer focus on, I dunno, the pandemic of gang rape of children in the UK? because its really about restricting speech, we all know it
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@DVanLangenhove Man, you are really working hard to make sure X/xAI/Elon are able to produce sexualized images of kids. Nice legacy you are working on.
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Keir Starmer has asked British media regulator Ofcom to work out plans to ban X in the UK, pointing at the Online Safety Act to implement such a ban.
In reality both the UK and EU have already worked out plans to ban X. If Republicans lose the 2028 election or if the Trump cabinet doesn't put enough pressure to avert such a ban, it will be implemented sooner rather than later.
This is why we, Europeans, must use every day of this window of opportunity of free speech to try to save European civilisation from destruction by the E.U.-elites. We must not take this freedom of speech for granted.
Luckily, @repluna, who serves on the House foreign affairs committee says legislation is being drafted to “sanction not only Starmer, but Britain as a whole” if it moves to ban X.

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@tofer_dreamer @WSJ @WSJopinion right. must be why EU X subscriptions have accelerated ??? c'mon man
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@WSJ @WSJopinion EU citizens seem for most of them very proud of the fine. The critics comes mainly from outside.
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From @WSJopinion: It’s rare for a single policy move to create so much economic self-sabotage and diplomatic harm in one stroke, but Europe is succeeding. The European Commission proves its critics right by fining Elon Musk’s social platform.
on.wsj.com/4poPnGn
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@GlobalPropGuide right. so people want to live where woke b/s is banned
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@elonmusk imagine being a populace lectured on child safety by your same govt that brutally resisted a national enquiry into child rape gangs.
disingenuous much?
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Marcus C Wilson retweetledi

BREAKING: The U.S. House has just officially passed Trump's "Big Beautiful Bill" today, which means the $7,500 EV credit will officially end on September 30, 2025. Trump will now sign this bill into law
Some of the bill impacts on EVs/renewables:
• The $7,500 EV credit for new car sales, $4,000 credit for used EVs and $7,500 commercial EV credit would end on September 30, 2025
• Alternative Fuel Vehicle Refueling Property Credit: Ends June 30, 2026
• Home Energy Efficiency Improvements: Ends for improvements placed in service after December 31, 2025
• Residential Clean Energy Credit: Ends for expenditures made after December 31, 2025
• New Energy Efficient Home Credit: Ends June 30, 2026
I'll dig into the bill later to find more highlights and info.

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@ellymelly libs chose Dutton. Dems chose Kamala
unelectable losers. End of...
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@TcameronTodd Thin edge of the censorship wedge. They deserve zero electoral faith that it is anything but this. Own goal indeed
Labor doing what dems did in US... own goaling their way to us sufferring Dutton as PM
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Good strategy is about choosing the highest impact areas to expend resources; time, expertise and taxpayer’s money
I doubt this would be in the top 1000 problems in Australia right now. Own goal
Anthony Albanese@AlboMP
And it will now officially become law. We're doing everything we can to keep our kids safe.
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@TcameronTodd Massive own goal from the dems. They thoroughly deserve the lesson they are copping, but will it stick?
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My day today and tomorrow is running a digital event for a General Practice Owners
I love GP. Without a strong primary care layer, our health system is screwed
#SGPO

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#ThePortal is just a big FaceTime
New York to Dublin is crazy diversity 🙄
Hope it closes that cultural divide
GIF
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@TcameronTodd The water running underneath. And the dulcet tones of the coxswain.
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@fmk_RoI After living in France for a year, I formed the view that however it came, the coffee quality was almost always a bit shit
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@MikeCarlton01 Here it is in real trouble. Thriving globally though (union, not league obvs)
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The slow, lingering death of rugby. Interesting piece from Roy Masters. smh.com.au/sport/soccer/o…
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