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shiftpgdn | 1 year ago

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whoknowsidont|1 year ago

It's not rage-bait, it's a practical example of both how bad the tax code is and most topically how abusive Tesla is to the country that "hosts" it.

Also there's really no such thing as fiduciary duty in public companies, not to the degree you're talking about or it's implied actions.

I wish people would stop repeating it in that fashion, it's just a thought-terminating cliche. Violating fiduciary duty would be something like, spending a bunch of the corporations money on an investment you knew was fraudulent because a connection owns the other business/venture. It is NOT "you paid more in taxes than you could have gotten away with" or any other method of profiteering.

TL;DR fiduciary duty =/= maximizing profit

shiftpgdn|1 year ago

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