It seems Democrat Sen. Ron Wyden can expect a tense Thanksgiving meal this year after his own son put him on blast for “hating the American Dream.” Oregon Sen. Wyden and his “cronies,” meaning other Democrat legislators, were being criticized for trying to “mindlessly” rip things apart, a reference to Democrat’s unrealized capital gains tax.
— Adam “Tikkun Olam” Wyden (@Adam_Wyden) November 8, 2021
Fox News reports:
“Why does he hate us / the American dream so much?!?!?!?!” the Florida-based hedge fund manager wrote. “Reality is: most legislators have never built anything… so I guess it’s easier to mindlessly and haphazardly try and tear stuff down.”
“Thankfully, I think I can compound faster than my dad and his cronies can confiscate it…” Wyden added.
Sen. Wyden’s son, a multimillionaire, slammed his father after the Democrat criticized Elon Musk on Twitter.
“Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll,” the multimillionaire Senate Finance Committee chairman wrote. “It’s time for the Billionaires Income Tax.”
“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?” Musk asked his Twitter followers, who voted in favor of the move.
Musk noted that because he doesn’t give himself a salary or bonuses his money comes from stock. Musk then continued that “I[he] only have stock, thus the only way for me to pay taxes personally is to sell stock.”