Sunday, December 3, 2023

For the tax write-off you idiots

 Arwa Mahdawi
 

Musk can extract the $44 billion price tag for tax loss purposes and relaunch the thing as the everything platform he keeps talking about. 

This reminds me of the incredulity of Wall Street over Powell's relentless increases to the Federal Funds Rate. He telegraphed it repeatedly months in advance and then raised rates incrementally and said he would keep doing so, but they would not believe, and still do not.