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points by sfn42 1 day ago | 0 comments
It's not confiscating a fraction of Tesla, it's forcing Elon to give up some of his share of Tesla. He doesn't give it to the government, he sells it. To whoever wants to buy.

Could also take dividends, that would be more of a tax on the company itself which is what people usually object to in this discussion. Now the company basically can't grow as fast because it has to satisfy the tax burden for the owner. But that's a choice the owner makes.

[–] entrope 1 day ago
"it's forcing Elon to give up some of his share of Tesla [...] But that's a choice the owner makes."

That probably seemed more coherent before you put it into words.

[–] sfn42 1 day ago
No, it's perfectly coherent. You just struggle with reading comprehension. The choice is how you pay the tax. The owner can choose to sell stocks or they can take dividends. Or they can take up a loan or pay themselves a salary or whatever.