Elon Musk's tax dollar should be dedicated to public transport

Elon Musks tax dollar should be dedicated to public transport.pngsignature7a14c209b6999ecc1aa0394c1902419c

It has to be hard to be Elon Musk. Yep, everyone's favorite Space Karen is crying into it giggle melancholy and fiddling with his flame-throwing in anger. It has focused on a proposal before the U.S. Senate to tax Musk and his wealthiest friends.

In particular, these billions would be subject to a 23.8% capital gains tax on the higher value of unsold assets such as stocks and bonds.


    Elon has plenty of money

    Let's be clear: the person is almost certainly buying anonymous baby food for X Æ A-12. Its net worth rose with weariness $ 36.2 billion alone Monday in response to a rise in Tesla stock.

    he is reported earning $ 610.8 million a week - that's $ 152.7 million a day, $ 6.3 million an hour, or $ 106,000 a minute.

    But let 's not forget that with the fact that we pay our taxes every year (and it's not paying), we have effectively subsidized not only Elon Musk's lifestyle , but also on his empty projects. While Elon pays capital gains tax and property taxes, he lives in Texas, which has no personal income tax.

    How do you feel about subsidizing Musk vacancy projects with your tax?

    A large chunk of Elon Musk's companies receive government funding. In 2015, research by the LA Times into Tesla, SolarCity, and SpaceX they found that they had received approximately $ 4.9 billion in government support in grants, loans, and contracts.

    Even more dodgier, in 2020, Tesla delivered more than $ 400 million from selling environmental credits to car manufacturers do not sell enough cars with zero emissions to meet government orders. These beliefs were the only reason Tesla he turned a profit in his early years.

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    And let us not forget the amount of money given to Musk companies to send the rich and prosperous people to Mars. Look, no all bad, for example, SpaceX won $ 900 million from the U.S. government to expand broadband access to rural America. This is a good investment in satellites, especially if it translates to connections to remote areas in South America, Australia and Africa.

    However, most of the money spent on various Elon Musk initiatives depends on investing in sustainable public transport.

    The problem is public transport, not flying people into space


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