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Elon Musk Says Taxing Billionaires Won’t Ease Debt Burden

Bloomberg2021-10-28

Elon Musk, the richest person in the world with a net worth of around $292 billion, said taxing billionaires would only make a “small dent” toward paying off the U.S. national debt, arguing that the ...

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  • dorbymiao
    ·2021-10-28
    Tax the rich at higher tax rate, tax them on the amount they made, spent and saved. 
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    • dorbymiao
      Let me guess... Raise the debt ceiling again.
      2021-10-28
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  • KirbyCooks
    ·2021-10-28
    yes 90% is from General Public, the non aires. but YOU alone can help to contribue the rest of the 10%! :)
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  • robot1234
    ·2021-10-28
    Totally agree the key problem with the ballooning US debt, which is around USD30 trillion, is caused by successive government spending. Trump printed $6.7 trillion, and Biden is planning for $6 trillion. Just the Defense budget FY2021 is $753.5 billion, more than 3X China's defence budget. Crazy amount!
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    • PearlynCSY
      Biden continues to print trillion and trillion of dollars taking advantage of the USD as the global reserved currency. Many countries will suffer high inflation due to the QE
      2021-11-28
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  • Nickystonks
    ·2021-10-28
    Elon is not saying he won't pay the tax. He is sayingtoo much Govt spending is the issue for the debt
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  • Roykhor77
    ·2021-10-28
    Just tax Tesla 50% tax rate. Biden hates non unionized manufacturer lolz
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  • Oldie
    ·2021-10-28
    Whatever it takes 
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  • dadaho
    ·2021-10-28
    Of course he'll say that
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    • Winkingbear
      Hahaha duh. but its true
      2021-10-28
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  • BerryNat
    ·2021-10-28
    Erm.. It would certainly help though? 🤣
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  • Visionaire91
    ·2021-10-28
    Nice elon
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    • 滚股怪
      Wo
      2021-10-28
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    • SilverSoul
      Stupid policy
      2021-10-28
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  • DragonKC
    ·2021-10-28
    Sad,  Elon, billionaire don't even want to contribute to society. Made money through society,  must contribute back to society .
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    • MayTan
      Agreed
      2021-10-28
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    • WeiChyi
      Yes
      2021-10-28
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  • lololol13
    ·2021-10-28
    ...
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    • CarolTBH
      ok
      2021-10-28
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  • JayNayHayDay
    ·2021-10-28
    Somehow Elon make sense whenever he does hes speech. Thats called good revision beforehand. I have to agree with him. 
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  • yigenxiaohai
    ·2021-10-28
    Ok
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  • SHWong
    ·2021-10-28
    Pls like
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  • IZLIN
    ·2021-10-28
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  • KBchan
    ·2021-10-28
    Please like 
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    • SHWong
      Liked
      2021-10-28
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  • juvefreak
    ·2021-10-28
    Hmnnnn
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  • juvefreak
    ·2021-10-28
    [Surprised] 
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  • BubbleGumbo
    ·2021-10-28
    [What] [What] 
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  • Bubble5728
    ·2021-10-28
    Hmm
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