Comments by "MarcosElMalo2" (@MarcosElMalo2) on "Elizabeth Warren claps back at Elon Musk over taxing the rich" video.
-
100
-
Two separate thoughts come to mind. One is that there are billionaires who recognize the absurdity of the taxes they pay, and are favor of increasing taxes for their level of wealth. I recall Warren Buffet pointing out that he pays less in taxes than his Secretary.
The second is that ANYONE who has become rich from the tech sector did so because of early government support during the Cold War. All the early startups received funding, contracts, and research grants, and these strategic subsidies continued for several succeeding generations of startups. We’re talking about the development of integrated circuits, shrinking transistors, telecommunication networks (including the internet), all on the government dime in whole or in part.
Besides the pre-existing infrastructure Musk needs for his current businesses, his entire fortune (mostly from eBay) wouldn’t have been possible without government supporting the early tech startups during the Cold War (and indeed up to this day, although to a lesser extent).
Like many other leaders in business and politics, Musk demonstrates a selfish childishness that seems only interested in taking while denying any responsibility to give. People like him want to suck all the milk from society’s teat, leaving none for the rest of society. Any value he has as an engineer or innovative mind is diminished by his narcissistic impulses.
3