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by hayst4ck 360 days ago
A lot of people talk about how the rich should not be taxed because the government isn't efficient at spending money, that it's a path to socialism/communism, or that the money will be given to people who haven't earned it.

Tax policy should not be argued about in terms of how the money gets spent, but the importance of individual people not having so many resources that they can buy news organizations, social media platforms, private intelligence, or to put them beyond the reach of law.

It's not important to redistribute other people's wealth. It's important to prevent people from getting so wealthy that they can individually challenge the power of the government itself.

Musk's net worth is greater than than Russia's yearly military, or the combined military budget of both India and Germany.

Elon Musk's net worth is about the same as Ukraine's GDP.

The US intelligence community budget, which is responsible for toppling governments, has a budget of ~66 billion. Elon musk could fund 3 entire American intelligence apparati for a year on his own.