"full blast", you say...?

“It’s all part of a larger picture. We need a massive infusion of economic hope and opportunity into the life of the average American.” Marianne Williamson

not really. This “fortune” is mostly tied to his companies stock. That fortune could change in a negative way, just as quickly. The “net worth” shows unrealized gains. Realistically, he’s worth way less because he could never sell all of his shares without w/out big price impact

Example of a hypothetical billionaire who wants to buy a $1B yacht: Option 1, sell roughly $1.5B in shares, thereby incurring a massive tax bill. Option 2, take out a loan against shares, buy the yacht, pay no tax, spend only 1 or 2% on interest rather than pay $3-400M in taxes.

It’s unearned until he sells then he pays taxes on earned income. To pay taxes on unearned value is insane. Go back to school and take a basic economy COI. The stock market could crash today and that $36B could go to zero.

Elon Musk will spend $36 billion on fully electric, self piloted aircraft. The government will spend $36 billion categorising Americans by skin colour.

No

Tho this may be true it will eventually come down to the day trader or person simply holding stock it does have its way to trickle down to the average everyday person they know this that’s why they’re trying to make this into law

Not at all.

That's literally half of what the USA spends each MONTH just on the military. Elon's right, it's not a tax problem, it's a government spending problem. But they'll have you believe billionaires are the problem.