Source: Inequality.org
by Sam Pizzigati
“Once upon a time, here in the United States, we taxed the rich. Significantly. Today, by contrast, we’re actively enhancing their fortunes. Including the biggest personal fortune of them all, the quarter-trillion-dollar stash that belongs to Elon Musk, the current numero uno on the Forbes real-time list of the world’s largest fortunes. Musk owes a hefty chunk of his own personal fortune to the taxes average Americans pay. He just happens to be, notes a just-published Politico analysis, ‘the single biggest beneficiary of U.S. government contracts.’ Two of Musk’s commercial operations, Tesla and SpaceX, have received billions in American taxpayer support.” [editor’s note: While I’m not wild about Musk making a lot of money doing “government jobs,” I wonder who would have been doing the worthwhile ones not nearly as well – SAT] (10/19/24)
https://inequality.org/great-divide/how-did-elon-musk-become-the-richest-person-on-earth/