A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.
It should be % based of his income. Otherwise it’s not a punishment
This does not work because he will find a way to have 0 income (legally). I don’t know how we can make the billionaires pay, but we should tax the assets not the incomes.