On the same day Elon Musk became the first trillionaire in human history New York City mayoral candidate Zohran Mamdani announced he wants to tax billionaires like Musk to fund his agenda.
Here is what that argument misses entirely. Elon Musk did not inherit a trillion dollars. He built Zip2 from scratch. He reinvested into PayPal. He bet everything on Tesla and SpaceX when both were on the verge of collapse.
He slept on factory floors. He nearly went bankrupt in 2008. He kept building when the world laughed at him. That is not luck. That is capitalism working exactly as intended.
The idea that the moment someone succeeds the government’s first instinct should be to take more of what they earned is exactly why entrepreneurs leave high tax states and cities in the first place. New York is already losing residents faster than almost any state in America.
Threatening to tax the people who create jobs and drive innovation is not a solution. It is the problem. Congratulations to Elon Musk. The first trillionaire. Built not given.
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.