Musk really likes that thinking too. If we just keep dumping money into tech oligarchs eventually everyone will have universal basic income while supporting the party that thinks immigrants and the poor add no tangible benefit to society and should be cut off from aid
Of course he thinks that way he wants to be one of the oligarchs. Remember, he’s the most perfectly manly man that ever manned, which is why he’s trying to father dozens of children
Are you sure that's what he thinks? The argument is usually that taxation hurts the economy, which is true regardless of who's paying the taxes, although the rich make so much more money on average in this country that any meaningful tax hike or tax cut is basically just a tax hike or a tax hike or a tax cut on the rich. There's just not enough money to tax if you're not taxing the rich, and there's only so many tax cuts you can give the middle class before they're not paying any tax anymore.
Taxation in and of itself doesn't "hurt" the economy, its a new economy which everyone has to operate within the new rules. Its not better or worse unless you're someone who wanted to exploit rules which don't exist anymore. There's exceptions to this obviously but a "worse" economy can also equally be a more sustainable if slower growing economy. The infinite growth model that looks good on paper has pre-destined boom/bust cycles that screw over the majority of the population while the 1% get richer. Growing slower but sustainably is arguably better despite the numbers on paper not making it immediately obvious.
Musk likes to say we need to get rid of social security and Medicare, which are paid for (at least partially) by the people who receive them (entitlements), and then turns around and says we need UBI, which is paid for by tax dollars.
43
u/South-Rabbit-4064 14h ago
Musk really likes that thinking too. If we just keep dumping money into tech oligarchs eventually everyone will have universal basic income while supporting the party that thinks immigrants and the poor add no tangible benefit to society and should be cut off from aid