Musk has also made thousands of millionaires off of his stock and people he pays to do work. He employs alot of ppl. Like it or not you could argue Musk does more for humanity than you could in 400 million years.
Its one of those "if its not broke dont fix it" cases. If you look at countries where they "spread the wealth out" they just tax people more. But the middle class is also taxed at ridiculous rates compared to the usa. This is because if you tax corporations and billionaires too much theres no incentives for them to produce things in your country. In a day and age where we are competing with china taking their money would just make them leave to some other tax havens.
Its a delicate system. Is it fair? Maybe not. But life isnt fair and this is the best system we have.
IIN That Elon Musk is worth over 300 billion dollars?
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Musk has also made thousands of millionaires off of his stock and people he pays to do work. He employs alot of ppl. Like it or not you could argue Musk does more for humanity than you could in 400 million years.
Its one of those "if its not broke dont fix it" cases. If you look at countries where they "spread the wealth out" they just tax people more. But the middle class is also taxed at ridiculous rates compared to the usa. This is because if you tax corporations and billionaires too much theres no incentives for them to produce things in your country. In a day and age where we are competing with china taking their money would just make them leave to some other tax havens.
Its a delicate system. Is it fair? Maybe not. But life isnt fair and this is the best system we have.