Ro, you’re lying and you know it.
You compared a man’s net worth to a country’s GDP. A balance sheet to a year of output. You went to Yale. You learned the difference between a stock and annual output flow.
But being a politician and lawyer, you love to lie and gaslight the economic illiterates, it’s your entire business model.
You want a 5% tax on Elon to fund free trade school for every American.
Trade school costs $80B/yr, you can’t even fund a year.
Elon doesn’t have $55B in cash. It’s stock. You know this.
To pay, he sells roughly $70B of Tesla and SpaceX shares, and the sale itself gets taxed on top. SpaceX raised $75B at its IPO this morning at a $1.77 trillion valuation.
Imagine him selling that amount every year.
Ro isn’t taxing Elon. He’s taxing everyone who gas exposure to the market. Every pension fund and index fund on the planet gets wrecked. And given Ro, he’ll insider trade and short before the bill passes.
And for what? To rip capital from the best allocator alive and hand it to the most incompetent institution in human history. Elon turned PayPal gains into Tesla and SpaceX: 120,000 jobs, launch costs down 90%, two industries that didn’t exist, a $1.77 trillion company from nothing.
You’ve never built anything. You’ve never employed anyone. You’ve never created a dollar of value in your life. You collect a government salary and demand tribute from men who do what you can’t.
Your machine spends $7 trillion a year and still runs a $1.8 trillion deficit. It loses up to $521 billion a year to fraud. More than your entire tax raises. The Department of Education went from $34 billion in 2000 to $268 billion in 2024. 8x the money. Reading scores at multi-decade lows. Trade schools still unfunded.
You don’t lack money. You lack competence, and you want Elon to subsidize it.
You haven’t donated your wealth. You haven’t moved into government housing. Empty your accounts first, Ro. Then preach.
Elon’s options get taxed as ordinary income at the top rate when exercised. Over $500 billion in lifetime taxes, the largest tax stream from one human ever. You want $55 billion now in a way that craters the shares the $500 billion depends on. Your tax doesn’t raise money. It kills the companies, kills the jobs, kills the pensions, and torches a bigger check already in the mail.
You’re the monkey in the middle, Ro. You can’t build. You can’t allocate. You can’t even count. So you eat from everyone else’s pie and call it fairness.
@FutureJurvetson@sara_spangelo@longmier Or something from the photon POV: “I bounced around the belly of the sun for 4,000 years THEN traveled 98 million miles and you’re just gonna let me crash into the ground???”
I bet they have thought about this more than we realize and determined it’s inefficient to cool a surface in an un-cooled cabin. But dude I want it too.
I actually like hot butt in freezing car. It’s so cozy and helps with bowel movements. Cause you clench up your body muscles but butt stays loose and juicy.
@MattWallaceTech If banish goes out of parking lots to a public roadway, we’re gonna have to wait for unsupervised. Which I’m expecting to see in the v15 series.
Literally all eyes should be on v15 right now.
v15 is the Robotaxi hyper unlock. v15 is when we never look back again.
@mikepat711 If he was in it for money, do these idiots not realize the wealth he could create making the most banger AI day trading bot and schlepping 100’s of BILLIONS of dollars around all day? He could literally be a one man wrecking hedge fund.
@JCChristopher “Chappy, it was a super duper ironically-named fake news outlet geared towards low IQ NPC’s. Kinda like how you play Opposite Day with your sister? That.”