Kind of irrelevant imo, what matters is that exclusively using wealth (however valued) to value humans and their contributions to progress and humanity is banal to start with. I bet all Nobel price laureates in aggregate have less than 1/100,000th the net worth of Musk. Who contributed more to humanity and its progress, even technological progress alone?
Ken, How should the US Government pay for all the debt it has incurred during COVID? How should the US Government pay for the deficits incurred by the Trump Tax Cuts? How should the US Government pay for the wars from Bush 2?
Less entitlement programs and more support for business. Focused efforts for education and entrepreneurship vs handouts. And none of this bs "House Democrats propose 2022 federal pay raise with new bill | Federal News Network" https://federalnewsnetwork.com/pay/...ose-2022-federal-pay-raise-with-new-bill/amp/
generic answers. we have like 10 trillion in debt and adding like a trillion a year (without COVID's support for business). How do we solve this?
Dismissing half of the world's population as "mediocrity" or "doing nothing" is appalling and a first step to nazi thinking. Dehumanization on a grand scale. On the other hand, these entrepreneurs (if they are not all scions of previous generation fortunes) are also great contributors to the world in their respective enterprises, and there's no need to assign them lofty humanitarian obligations, as if their wealth is dirty. I'm not a proponent of gifting. It ought not be the wealthy to decide who to give money to, but elected government through taxes. And I have no qualms taxing the uber wealthy.
avoiding the question. You keep talking about how democrats want to raise taxes without talking about all the spending that has been done. How do we solve the sins of the past? You don’t want higher taxes (nor do I) but how do we pay for the wars, CARES act, social security, etc? what ideas do red blooded conservatives like you have? Republicans have done more than their fair share of the spending.
This Elon evangelism based on meme market reaction to TSLA is creepy bruh Not to mention he didn't even found Tesla. He settled to be able to say he did though. His achievements w/the comp not withstanding. https://gigaom.com/2009/06/14/tesla-lawsuit-the-incredible-importance-of-being-a-founder/ https://www.wired.com/images_blogs/autopia/2009/06/tesla_counterclaim_02.pdf https://www.rand.org/pubs/working_papers/WRA516-1.html We document the cumulative effect of four decades of income growth below the growth of per capita gross national income and estimate that aggregate income for the population below the 90th percentile over this time period would have been $2.5 trillion (67 percent) higher in 2018 had income growth since 1975 remained as equitable as it was in the first two post-War decades. From 1975 to 2018, the difference between the aggregate taxable income for those below the 90th percentile and the equitable growth counterfactual totals $47 trillion. from 8 yrs ago:
Stop sending money overseas. Fix trade imbalances. Cut wasteful fed spending. Reallocate current resources. Change budget priorities.