@TeslaLarry
Lot of posts copying the likes of @BernieSanders @SenWarren and @AOC calling for more taxes on Billionaire @elonmusk, forgetting that in 2021 he paid a 53% rate of tax totaling $11b. They all repeat the claim that his company has received benefits of $38b from the US Government. Let's look at his REAL economic impact to the U.S. It's mind blowing. Musk’s ventures currently contribute $100–140B in annual GDP impact, or roughly 0.4% of total U.S. GDP. And growing faster – considerably faster – than the US economy, promising even greater contributions in the future. That’s more annual contribution to US GDP than entire annual GDP of smaller U.S. states, like West Virginia (~$108 billion, 0.37%) or Hawaii (~$116 billion, 0.40%). And growing faster. On top of that NASA and US Department of War have cumulatively saved over $40 billion as a direct result of SpaceX delivering a reduction in the cost of delivery of launch and communication services over traditional vendors. SO much for Musk Companies having "received" $38b. In other words, had the U.S. not paid Musk companies $38b, then the US would have had to spend $78b with competitors (and possibly then not received a delivery of the goods ordered! Boeing, looking at you.) Not to mention that Starlink practically saved Ukraine from being overrun in the early days of the Russian invasion. Seems we are all, all Americans - and citizens of the world in fact - benefiting from the growth of Musk’s net worth. Here are the numbers: Please post this in response to every post you see bleating about Musk being a billionaire or trillionaire and how its so terrible.
