Fascist Double-Speak 101. we saw it with the whole George Soros thing, they turned his philanthropy into some dark conspiracy to control the world, with Elon it's just, you can't tax the Billionaires, because we create jobs, mostly because it's cheaper to just try and buy a government then pay your share.
Elon Musk is everything the right swore George Soros was except it’s actually all true and also, republicans are totally fine with it since it benefits them
The biggest fear of billionaires is that people wake up and realize who is creating inflation, which is mostly billionaires creating money through loans, because they own the most wealth, so they can backstop the creation of new money and be poor and leveraged to the hilt on paper, but rich in practice.
A billionaire can always create liquidity by taking out loans on their assets to pay their taxes. However, it only makes sense to go further and tax those loans at the top marginal tax rates for poor SOBS who get paid in dollars, like doctors, lawyers, and fry cooks.
Larry Ellison has never sold much of his ORCL stock in his life, though he may have to soon, finger crossed, but he managed to buy news and cable networks, a movie studio, yachts, and a Hawaiian island by living through and endless line of subsidiary companies and shells that he twists to his whim.
RIP Colbert for making fun of billionaires, as pre-firing him may have been a condition for the deal to go through. Trump certainly cared a great deal about WHO was given privilege to buy and gut 4th-estate assets.
Billionaries are a massive tax on the public good, but if their tax-evading loans are taxed, then there is more of a market to people who need loans to buy a car or a house, as the money of plebs will matter again, and real-wage income losses will slow.
Right now, they are borrowing money and creating inflation in the hopes that they can replace your job with an agent.
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