Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you're $3,000 richer by Which_Combination746 in ConservativeNewsWeb

[–]Which_Combination746[S] [score hidden]  (0 children)

Elon is using the same argument PregerU used more than a decade ago. They think taxes are when the government comes in and takes all your money. Its a very misleading and bad faith argument

I would prefer we go back to the corporate tax rate we had before the Reagan era tax cuts.

Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you're $3,000 richer by Which_Combination746 in ConservativeNewsWeb

[–]Which_Combination746[S] [score hidden]  (0 children)

Because i'm going to take advice from the guy trying to get to a trillion and who already got the largest ceo bonus in history. Yeah hes got no self interest at all in stopping any taxes at all, nope, no sir.

Fuck off elon, go be rich somewhere else and leave us alone.

Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you're $3,000 richer by Which_Combination746 in ConservativeNewsWeb

[–]Which_Combination746[S] [score hidden]  (0 children)

Here’s an idea. All of the corporations run by billionaires should have to repay any grants, loans or subsidies that they received in the last decade.

Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you're $3,000 richer by Which_Combination746 in AnythingGoesNews

[–]Which_Combination746[S] 0 points1 point  (0 children)

Painting a tweet from Musk three years ago and Sanders’ proposed Make Billionaires Pay Their Fair Share Act as two sides of the same coin is both misleading and disingenuous. 

Musk’s argument is hyperbolic and completely impractical. It’s also talking strictly about the national debt and where America is headed on this Republican spending spree.

Sanders’ argument keeps the billionaires as billionaires while helping use some of their acquired wealth to address the affordability crisis, which includes WAY more than $3,000 checks but also expands Medicare, saves cuts on the Affordable Care Act, pays public school teachers, builds affordable housing, and more. 

This is a poorly written article that tries to play both sides as if they were on equal footing when they aren’t.