From the Sept. 30 edition of "Grant's Interest Rate Observer", an investment publication:
"It’s Musk who, astoundingly, earned $23.5 billion last year though Tesla reported net income of less than one-quarter of that sum."
(Sounds like financial hocus-pocus.)
Absolutely disgusting. They didn't produce that wealth. No individual is capable of doing work that produces a quarter trillion dollars in value. Every dollar of that represents value created by their employees' work, value which was stolen from those employees.
ReplyDeleteThey are lucky that we're now so civilized that the worst thing likely to ever happen to them is higher taxes.
Infidel - The higher the better!
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ReplyDeleteRaising taxes on the wealthy seems to have become the new third rail of American politics.
elJiffy - Unfortunately, yes.
ReplyDeleteSome governments treat us like ATMs, and without any card
ReplyDeleteStartling. Glaring. So? No one does anything about it, except reward the wealthy for being greedy (wealthy) - same thing?
ReplyDeleteDo NOT get me started! >(
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