Good point. Musk is really into the whole buy, borrow, die scheme. He works hard to avoid realized profits."The tax they'd pay on their incomes and investments..." What planet are you living on?
Let's see Elon's tax returns from the last ten years.
Trump floats a “gold card” to grant US residency to wealthy foreigners
- Thread starter volsrock1
- Start date
Diogenes
Nemo me impune lacessit
Diogenes
Nemo me impune lacessit
So no right to privacy?
Yes, the EB-5 immigrant investor program has been around since 1990. That is 35 years ago.
EB-5 Immigrant Investor Program | USCIS
www.uscis.gov
Diogenes
Nemo me impune lacessit
Not the same thing, Salty Walty.
The EB-5 Immigrant Investor Program and Donald Trump's recently proposed "Gold Card" visa differ in several key ways.
The EB-5 program, established in 1990, allows foreign investors to obtain a U.S. green card by investing a minimum of $1,050,000 in a U.S. business—or $800,000 if the investment is in a Targeted Employment Area (TEA), such as a rural or high-unemployment region.
A core requirement of EB-5 is that the investment must create or preserve at least 10 full-time jobs for U.S. workers. This program ties residency to economic contributions, specifically job creation, and involves a detailed process to verify the investment and its impact. After a two-year conditional residency period, investors can apply to remove the conditions and secure permanent residency, which can eventually lead to citizenship.
Trump's "Gold Card" proposal, announced on February 25, 2025, sets a much higher entry point: a $5 million payment to the U.S. government.
Unlike EB-5, there’s no explicit mention of a job creation requirement or a need to invest in a specific business. Trump and Commerce Secretary Howard Lutnick have framed it as a direct path to permanent residency—still technically a green card—with a route to citizenship, targeting wealthy individuals who can afford the price tag. The pitch emphasizes attracting "successful" people who will spend money, pay taxes, and boost the economy, without the structured investment conditions of EB-5. Lutnick criticized the existing EB-5 as flawed and prone to fraud, suggesting the Gold Card would streamline the process with rigorous vetting of applicants.
In essence, EB-5 is an investment-based program with a lower cost but specific economic obligations, while the Gold Card appears to be a higher-cost, simplified "pay-to-stay" option aimed at ultra-wealthy foreigners, without the same focus on job creation. Trump’s implementation specifics were promised within two weeks of the announcement.
Congress will need to approve, of course.
@Grok
Explain job creation requirements
Compare H-1B visa options
So the difference is that a EB-5 is a well defined program, and trump is just randomly saying things with no plan?
Diogenes
Nemo me impune lacessit
Taichiliberal
Shaken, not stirred!
Blame 30 some odd years and variations of "reaganomics" for that, son. Or if you want to increase the national coffers, we could get the military to pass an audit by the GAO, or stop giving tax cuts to corporations for out-sourcing jobs and such, or stop giving federal funds to highly successful corporations who then wail about accountability to the federal oversight. Just saying.
Are you that daft? Where did he say the money would go? Probably, the Trump general fund. You have to have some people pay it. Who says it would be a ton of money? Trump said he would expect Russian oligarchs. That would be Russian mafia men and Russian oligarchs who are directly under Putin's control. You think that is a good idea? How many drug lords would get a foothold in American politics with that money? Why do you think he would get a lot of takers?
Pay the debt down by taxing the wealthy and corporations. You spend no time analyzing what Trump says. You back it immediately.
Diogenes
Nemo me impune lacessit
Tobytone
Verified User
Are you getting busy with Krusty Kristy?As the chronology of the posts shows, she deconstructed each and every talking point with valid, documented FACTS. The last one neither you or your dim witted brethren could disprove or debunk. So you do the usual Maga mook shuffle .... claiming you are right despite the contrary evidence followed with personal attacks.
The question remains, genius .... can Musk's finances stand up to a foresnic audit? Cheeto Jeezus sure as hell couldn't....he got sued (and lost) for fraud, remember? And he's NEVER fully complied to show his full tax returns like many Presidents before him.
But you just keep ignoring all of this, do your "zeig heil" and excuse all, and then drape yourself over that chair back with a smile on your face saying, "Thank you sir, may I have another?"
Oh, bless your little triggered hearts, clutching your pearls because I dared call your precious snowflake a dumbass. Newsflash, you whiny pack of libtard sheep: I’m doubling down. She’s a dumbass, and now you’re a charter members of the Dumbass Libtard Drone Club. Congrats.
You clowns obsess over taxes like it’s your religion, bleating about how the big bad oppressors aren’t forking over enough of their evil cash while they twirl their mustaches and stomp on the poor. Boo-freaking-hoo. My mom used to say, “it’s as fair as a circus,” and if your pea brains can’t crack that one, well, that’s just precious.
You sanctimonious nitwits act like it’s a war crime to pay the least tax legally possible. What’s that? You and Krusty pony up extra to Uncle Sam out of the goodness of your hearts? Please. Anyone who pays a dime more than they owe is dumber than a bag of hammers, which, let’s be real, is a high bar for you and your girlfriend there.
Especially after Elon’s been peeling back the curtain on the government’s clown-show spending. Federal coffers are basically a landfill for money, but sure, keep preaching.
As for your girl’s so-called “facts,” I haven’t checked them because who cares? They’re about as relevant as your opinion. If you or your sidekick have hard proof that Musk, Trump, or the guy next door broke the law, then let’s see it. Otherwise, zip it with the schoolgirl whining. You’re all just pimples on the face of reason.
Every libtard drones on about stuff they don’t understand, economy? Laugh out loud. Law? Chuckle. Morality? Rolling on the floor laughing my ass off. I’d keep going, but I’m trying to be nice, dumbass. Here's a little video for you and your girl, it will help you understand how Elon is one in a Billion and you should be on your knees begging for forgiveness for being such morons.
View: https://x.com/WallStreetApes/status/1894994244605018503
Tbird19482
Verified User
Like ALWAYS.Baiting again.
christiefan915
Catalyst
The problem here is that you're dumb, have a learning disability and can't follow or understand a post. Stress on dumb.
Where did I say anything about benefits? My argument is about taxes and how the super wealthy don't pay them at the rates we peons have. The super wealthy have access to tax shelters and "creative accounting" to keep their taxes to a minimum. Case in point, Musk with his many billions managed to reduce his tax rate to 5.8% in 2016 and a little more in 2017.
A quick look at the grifter-in-chief: "Mr. Trump and his family have been the beneficiaries of a great rigged system: the tax code, which bestows huge advantages on the real estate business. Throughout his career, Mr. Trump has not only grabbed for every loophole and legal lever he could find, he’s boasted about it.
“I’ve taken advantage of the laws of this country, like other people,” Mr. Trump has said. And, “I fight like hell to pay as little as possible,” Mr. Trump said last August.
Then we have you in your naivete thinking that the gold card holders won't be doing the very same thing. Instead of cheering and promoting grifting, you and the other magas should focus on the billionaires who actually pay up according to the tax rates, like Warren Buffett.
Berkshire Hathaway paid the biggest tax bill in history last year, and Warren Buffett wants the government to ‘spend it wisely’ on burdened Americans
Billionaire Warren Buffett Calls It 'Outrageous' His Secretary Pays 2x's His Tax Rate – 'If This Is A War, My Side Has The Nuclear Bomb'
Warren Buffett Paid $5 Billion In Taxes — And Says If 800 Other Companies Paid Their Share, No One Else Would Have To 'Pay A Dime'Hope this clears it up for you, fenderhead. Next time pay attention to what people are saying instead of making it up like you do.
Taichiliberal
Shaken, not stirred!
Every time you intellectually impotent Maga mooks get challenged to logically and factually prove something you spew forth, you have a meltdown that results in this mental diarrhea as we see here. You take up a lot of space, but SAY NOTHING.
The question remains, genius .... can Musk's finances stand up to a foresnic audit? Cheeto Jeezus sure as hell couldn't....he got sued (and lost) for fraud, remember? And he's NEVER fully complied to show his full tax returns like many Presidents before him.
Here's a hint: www.cbsnews.com/news/the-public-wont-see-elon-musk-financial-disclosure-why-that-matters/
Tobytone
Verified User
How do you even crack a libtard’s thick skull? Good luck with that. The left’s got a raging fetish for whining about how little the rich pay in taxes, and if I’m feeling charitable, I’ll say it’s not totally your fault. Decades of class-warfare brainwashing by Dems have turned you into obedient little drones. Taxes are the sacred juice that keeps the political circus spinning, raking in cash from millions of saps with every breath they take. Fun fact for the clueless: income tax started with Congress swearing it’d never top 2%. Spoiler, that promise was a lie, just the first of many. Here’s another shocker: income tax doesn’t even hit 50% of federal revenue. Still, it’s the perfect cudgel to convince naive souls like Christy that billionaires are all evil tax-dodging goblins, except for saintly Buffett, of course.
I could drown you in facts, but libtards like Christy wouldn’t flinch. So let’s poke at Buffett’s genius plan instead. He crows that if 800 companies paid “their share” like his $5 billion, nobody else would owe a dime. Cute, but the federal budget’s $6 trillion appetite says otherwise. Personal income tax hauls in $2.5 trillion, so $5 billion times 800 is $4 trillion. Nice try, except that still leaves a gaping deficit and ignores every other tax propping up the beast. Oh, and that $5 billion per company? Businesses don’t just eat that, genius. They’ll slap it onto your coffee, car, and Netflix bill so fast your wallet won’t know what hit it. Prices soar, inflation flexes, and suddenly you’re broke, all thanks to Warren’s noble “nuke.” Brilliant, he's a sanctimonious windbag.
I could go on with many examples of Buffet's journey to his fortune that includes using every possible loophole he could. I don't blame him or anyone including Trump, Musk and those with a brain. The federal government is the worst possible place to send money to impact the human condition, its where hard-earned money goes to die and much of it ends up in the back pockets of greedy corrupt politicians and friends. Government is a necessary evil that the founders correctly understood it needed to be as small and limited as possible. Sending them money to attack the suffering of the world is a big mistake and a waste of money proven by what we've all seen recently as DOGE looks under the hood.
Buffet actually tried to find actual value, rather than looking for loopholes, gimmicks, and tricks. He has made a lot of money for himself, but also for anyone fortunate enough to invest with him.
Meanwhile trump keeps defaulting on people who invest in him.
Just replaces an almost duplicate existing program, just another photo op
Diogenes
Nemo me impune lacessit
Diogenes
Nemo me impune lacessit
The EB-5 Immigrant Investor Program and Donald Trump's recently proposed "Gold Card" visa differ in several key ways.
The EB-5 program, established in 1990, allows foreign investors to obtain a U.S. green card by investing a minimum of $1,050,000 in a U.S. business—or $800,000 if the investment is in a Targeted Employment Area (TEA), such as a rural or high-unemployment region.
A core requirement of EB-5 is that the investment must create or preserve at least 10 full-time jobs for U.S. workers. This program ties residency to economic contributions, specifically job creation, and involves a detailed process to verify the investment and its impact. After a two-year conditional residency period, investors can apply to remove the conditions and secure permanent residency, which can eventually lead to citizenship.
Trump's "Gold Card" proposal, announced on February 25, 2025, sets a much higher entry point: a $5 million payment to the U.S. government.
Unlike EB-5, there’s no explicit mention of a job creation requirement or a need to invest in a specific business. Trump and Commerce Secretary Howard Lutnick have framed it as a direct path to permanent residency—still technically a green card—with a route to citizenship, targeting wealthy individuals who can afford the price tag. The pitch emphasizes attracting "successful" people who will spend money, pay taxes, and boost the economy, without the structured investment conditions of EB-5. Lutnick criticized the existing EB-5 as flawed and prone to fraud, suggesting the Gold Card would streamline the process with rigorous vetting of applicants.
In essence, EB-5 is an investment-based program with a lower cost but specific economic obligations, while the Gold Card appears to be a higher-cost, simplified "pay-to-stay" option aimed at ultra-wealthy foreigners, without the same focus on job creation. Trump’s implementation specifics were promised within two weeks of the announcement.
Congress will need to approve, of course.
@Grok