Check out this tweet:
Let that marinate for a moment.
Elon Musk, one of the richest people on the planet, donated nearly $6 billion to charity, and the focus is not on the good that will come from that donation but rather the tax benefits of that donation.
Never mind the fact that if Musk invested that $5.7 billion and earned just 3% on that, he’d make an additional $1.7 million. And of course, that would also be taxed, ultimately giving the government a bigger share of its tribute.
And yes, it’s true that Tesla paid $0 in federal taxes in 2021.
This is primarily because of something called “net operating loss carry-forward,” which allows companies to deduct past losses from future profits when reporting taxes.
I’m not a tax expert, so I can’t opine on whether or not this is “fair,” but for those who think it isn’t, the onus to change this tax benefit is not on Musk but rather the government that approves such benefits.
But clickbait works better when you shit on rich people instead of the bureaucrats who have enabled an unfair system of taxation.
If you had the ability to bypass federal taxes, would you do it or would you just volunteer your hard-earned money in an effort to placate misguided social justice warriors?
Meanwhile, Sen. Elizabeth Warren, who seems to believe every billionaire should be under state control, climbed on the anti-Mask bandwagon, saying:
You know how much Elon Musk paid in taxes? One of the richest people in the world? Zero!
Of course, that’s not true at all as Musk paid more than $11 billion in taxes last year. But never mind those pesky details.
And here are a couple more pesky details…
Elon Musk has done more to address climate change than any politician.
He’s done more to reduce the cost of space travel than any government organization on the planet, including NASA.
And he’s done more to bring internet access to millions of poor people across the globe than any bureaucrat in any country.
But never mind all that, right?
Instead, let’s focus on how rich he is, his tweets that offend the obscenity police, and, of course, the age of the women he chooses to date.
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Yeah, that’s a thing now too.
But I won’t get into that because his taste in young, beautiful women doesn’t affect me or my ability to create and protect wealth.
His investment strategies, however, do.
And that’s why I’m so bullish right now on one of Musk’s most profitable investments: SPV royalties.
SPV royalties are based on an investment strategy that allows you to collect royalties on various energy projects around the world.
These royalties were once only available to the wealthiest 1%, but thanks to an obscure SEC rule that’s never been widely advertised, SPV royalties are now available to anyone with internet access and the desire to collect monthly income.
In fact, you can even earn royalties on Elon Musk’s No. 1 business, which I’ve actually outlined in this report on how to profit from SPV royalties.
And here’s one of the best things about SPV royalties…
Your monthly royalty payments are NOT affected by the broader markets.
Stocks could be tanking or soaring, but with SPV royalties, it doesn’t matter.
Once you lock in your investment, you also lock in your rate of return, which doesn’t change based on the movement of the markets.
Look, I don’t care if you love Elon Musk or think he’s a complete scumbag. The bottom line is that his net worth currently stands at around $226 billion. That’s billion with a B.
And a sizable chunk of that worth is the result of his investments in SPV royalties.
So unless you hate money, I would strongly encourage you to follow in the footsteps of one of the richest people on the planet and get some of this action for yourself.
To a new way of life and a new generation of wealth…
Jeff Siegel
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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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