Someone who founded PayPal, built a car company and sends rockets into space becoming a trillionaire isn’t weird. Public servants making $174k becoming millionaires is.
Change my mind.
If nothing else, the whole Graham Platner thing has finally freed us to accept that these guys don’t actually give a shit about any of this and it’s all just hilariously performative.
Fun fact: Exactly zero of these people were in office in 2018, when FIFA announced the World Cup was coming to the US, literally NONE of it occurs in New York City or New York State, and the Governor of New Jersey just got into office. These people did nothing.
To all of you New Yorkers, the New York Knicks are worth $10 billion dollars. If we dissolved the franchise we could use that money to end world hunger. Stop celebrating greed.
Elizabeth Warren, Bernie Sanders, and the rest aren’t dumb enough to actually think Elon Musk has a trillion dollars in cash waiting to be taxed.
They just think their followers are dumb enough to think that. And they are.
Again, you may not like the UFC thing at the White House, but the moment you hung a giant pride flag from the columns and had half-naked “trans” activists exposing themselves on the lawn, you lost all right to complain about desecration.
elon could solve world hunger literally this second
all he has to do is full stack dump all his shares, cause a stock market recession, wipe out trillions, delete tens of thousands of jobs, and then he'll be able to fund the federal government for about 18 minutes
...are you completely retarded?!
Pray tell, what EXACTLY do you think happens when you force a 3% ANNUAL wealth tax?
It's not sitting in a fucking bank account you imbecile, it's EQUITY IN A COMPANY.
To pay 3% in real money he has to dump tens of billions in shares EVERY YEAAR, which drops the price of the stock for EVERYONE.
Tesla sits in the S&P 500. Which means it sits in your index fund. Your 401(k). The teacher's pension. The firefighter's retirement. The savings of every working person who never made a dime off Elon Musk and never asked to.
And it's worse, because the tax eats itself EVERY YEAR!!!
Every share he dumps to pay that tax, he owes capital gains tax on. So he sells more to cover that. Then more next year, off a base you just shrank.
You don't collect a clean $33 billion. You collect less and less while doing more and MORE damage on the way down.
Wealth taxes are the single stupidest idea ever.
He’d have to sell $50 billion of stock, tanking the price, destroying wealth for millions of investors, workers and union pensioners, plus discouraging future investment in new companies and ideas. And your party would just waste & steal the money anyway, then come demanding more
Realize where this is going. They'll tax everyone 5% of their net worth. Own a house worth $500K? You'll have to go get a loan for $25,000 to give to these assholes to send to Peruvian transgender dance classes.
Brad, a 5% tax on Elon's trillion net worth would literally pay for free college and trade school for every American.
And with the market's growth, he still would be worth over a trillion dollars!
You don't think that's worth it?
Again for those in the back, Elon once offered to cut a check for $6 BILLION to the WFB to "eliminate World hunger" as they said the money could. His one condition was that the accounting was public.
They did not accept.
If we tax AI, we can use that money to build a country that works for everyone.
Where healthcare is treated as a human right.
Where every American is guaranteed a good job.
Where education isn’t a privilege reserved for the wealthy.
That’s why I’m fighting to tax AI.
Been brushing up on the discourse and I’ve decided that every single person is richer than me is a greedy bastard and every single person poorer than me is a loser. I and only I have the exact right amount of money.
Imagine if Elon Musk had a global platform that anyone could use for free to bitch about Elon Musk not doing something with his money that would benefit others......