2022-09-16 00:31:21
As the linked article describes, Mr. Chouinard will not pay $700M of taxes that he would have paid had he sold the company in the traditional way, with proceeds of $3B. He is still paying $17M in taxes on the gifts, and receiving no tax deductions applicable to other income. NEEDS_MORE_RATINGS(1-2-1) Author
2022-09-17 04:01:51
Nothing about this is untrue or misleading. His tax liability may not have been reduced to zero, but the tweet doesn't say it was. $17M rather than $700M is still a significant tax break. The high rated note is opinionated counterarguinng better suited for a reply or quote tweet. NEEDS_MORE_RATINGS(0-0-0) Author