The analysis counters Senator Warren's wealth tax proposal.
"ive been in office for 13 years and our yearly budget is 7 trillion but we can't help children unless we steal from the guy doing spaceflight"
If Elon Musk paid my ultra-millionaire wealth tax, we could pay for child care for all three and four year olds in America.
Many users attacked Elizabeth Warren's claim that taxing Musk's wealth would fund universal preschool as a lie from a corrupt politician, arguing the government would simply waste any revenue.
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if @elonmusk paid 100% of his net worth ($1.4 trillion) as a tax it would only cover federal government spending for 77 days. this isn’t a tax problem…
If Elon Musk paid my ultra-millionaire wealth tax, we could pay for child care for all three and four year olds in America.
@DeskPopper69 True
sustainable energy, electric cars, satellite internet, free speech platform, and rocket science do nothing to better the country
@mert i live in NYC, where taxes pay for "free child care for three year olds"
how it worked out: it's a lottery system and only 20% of parents i know got into a school they wanted/works for them. the one school near us ends coverage at 2:40pm.
@friedberg @MartinShkreli @elonmusk Tried explaining this to Ro Khanna…
They are helpless.
@mert Literally all of those things existed before him and without him.
@DeskPopper69 @mert
@mert If Elon took it upon himself to better the country that allowed him to become so wealthy, like all statesmen of the past have done, these discussions wouldn't be happening.
Even drug dealers hand out Turkey for Christmas.
Nobody likes the spoiled kids that don't share toys.
@DeskPopper69 @mert Then you would just go down the list to the next guy who made one of those things. Your thirst won't be satiated until everyone is living in the gutter.
@mert My 'ultra millionaire tax'. Sounds like something a super villain came up with
@friedberg @elonmusk Exactly.
It’s a spending problem because there have been no consequences for enabling wasteful and fraudulent spending.
@DeskPopper69 @mert Just say you're retarded and move on.
@mert @micsolana What a great quote. Sometimes saying the obvious thing doesn’t sound obvious enough. You have to try to capture how stupid they are, and this does it. Bravo.
@mert They always use children as the reason to push all their agendas
@mert
@mert Our government has had trillions open trillions of dollars and assets for decades yet never solved any of the things they list as easily fixed with money from companies Elon and investors own. 🤔
@mert @toly
@friedberg @elonmusk You are talking to a crowd that doesn't understand what a sinking fund is or how Social Security is financed. If there was value choosing in financially literate politicians people don't see it. We are surely not electing them!
@mert @toly What’s the problem with that??
@friedberg @elonmusk It’s a “Donald Trump is spending too much” problem.
@mert @BMoreBirdsNest The ultra wealthy make so much money that they are buying up all the assets. They are driving up the cost of everything for all of us. Meanwhile they pay relatively little in taxes, and in many cases no tax
How else can society address wealth inequality a without wealth tax?
