Elon Musk Wages War on Government 😳

Hi, it's Rob Moore here, and Elon Musk, it seems, is waging wars on governments and people, excessively aggressively looking to tax billionaires. Now, Elon Musk has said in recent times some things I've thought, and I've— I don't think people really understand capital flow, capital allocation, taxation, and the best use of all the tax revenue generated. And Elon Musk's come under a lot of stick. Dogecoin founder called him a grifter. He was called a grifter by a politician, that he's not paying any taxes, that he's evading taxes. And I've thought, this isn't true. They don't understand capitalism, capital allocation, how money is used. So I'm going to go into this in, in a little bit of detail. Make sure you hit the share button because I think it's really important that we all understand economics and the flow of money and capital. So first thing is I have a question for you. I'd love your thoughts in the comments. If you had $10 billion with the choice of giving it to Elon Musk to allocate or to the government to allocate, who would you give $10 billion to? You've been given $10 billion. All right, you can have a mil for yourself, but you have to give the $10 billion either to Elon Musk to allocate well or to the government to allocate well? Let me know who you would give $10 billion to. I want to see in the comments. And for all these people out there saying that, you know, you've got to go and raid the billionaires for taxes because billionaires are greedy, power-hungry people who take from the economy, let's see what you think about that. So, um, Elon Musk believes that excessively taxing billionaires It doesn't make any sense. During an interview on the Wall Street Journal Forum, he dismissed the job that the government does at allocating capital, explaining it doesn't make sense to excessively tax billionaires. Now, if you think about it, the government is a corporation, and the government with taxes allocates capital. But billionaires also allocate capital. Billionaires create jobs, economy, innovation, etc. Now I can see in the comments nearly everyone's writing Elon. I can't see everyone writing, no, no, I'll give $10 billion to the government rather than Elon. Yet so many people are saying we've got to excessively tax these billionaires, take all the money off them, you know, they're greedy, they're power hungry. Yet no one is saying that the government will do a better job with the money and the allocation of capital. So Elon Musk says it doesn't make sense to take the job of capital allocation away from the people who've demonstrated great skill in capital allocation. So billionaires that many people might not like have actually demonstrated great skill in tax— sorry, in capital allocation. So, you know, they hire hundreds of thousands of people, they create products and services that are useful to the masses. Even though people say they don't pay taxes, they actually do generate billions in taxes. Taxes personally and from a corporation perspective. And then the government increased the tax, increased the tax, increased the tax, increased the tax. But then the government's in deficit, it's in debt. So a lot of the money goes back to paying the 4, 5, 6, 7% interest in debt. If the governments are in trillions of debt and interest is 3 to 7%, that's a massive amount of capital needed just to keep repaying the debt. And then there's all the politicians' salaries and everything else. So, um, I do not think that a massive increase in taxation is actually going to help the government, and I don't think we should be attacking the excessively rich. I think we should be demanding the government allocate their capital better. So in the UK right now, I can't speak for, um, the entire world, but in the UK there's been restrictions, mandates, there's been lockdowns or semi-lockdowns or restrictions to trade for many businesses. And many businesses over Christmas and New Year, their trade was wiped out. Most of their profit is in December and it was wiped out. Yet there was no reduction in taxes, there's an increase in taxes. Corp tax has gone up from 19% to 25%. That is a nearly 33%, that's a 30% increase. National Insurance went up 12.5%. VAT hasn't come down. Income tax is really high. So what's going on right now is our ability to trade has been restricted by our governments. Whether they're right or wrong to do that, I can't comment. But if they're going to reduce our ability to trade, surely they need to reduce our taxes, increase the benefits, the subsidies, the grants, etc. But they're hitting you two ways. They're reducing your ability to trade and they're increasing your tax. And then you've got inflation really high, cost of living really high, fuel really high, and Um, gas and electric really high, food cost really high, everything going up 50%. Your clothes will go up significantly. So hit the share button if you think these comments are useful or interesting. I really believe that most people on this planet do not understand capital flow, do not know where, um, the best use of the tax revenue is. Would you give Elon Musk or the government $10 billion to invest wisely and allocate that? Now I think the government have proved that they don't know how to allocate capital wisely, otherwise they wouldn't be trillions in debt. Now if you think about this, if a company was trillions in debt, a corporation, it would be trading insolvently. Trading insolvently is legal, at the very least civil if not illegal, and you can't trade insolvently as a corporation. Yet the government are essentially a monopolised corporation and they can legally trade insolvently. And they can just keep draining money and bill— increasing the debt and the deficit, which will knock on to us on the taxes. Yet that's legal to do that, but it's illegal for a corporation or an entrepreneur to do that. How does that figure? How does that work? Yeah, they'll be taxing air. Oh, did you just breathe in? Oh, that's 30% tax. Oh, did you just have an idea for a business? That's 25% tax. Someone in US government suggested that a capital gain that isn't realised should be taxed. So they're saying if a value of a company or a stock goes up, even when that gain hasn't been realised or drawn, you should be taxed on it. I mean, how fucking ridiculous is that? Because what goes up comes down, and anything that goes up on paper but isn't realised into capital or drawing is a paper— increase. It's not a real increase. So they want to tax you on ideas of increase in value. Don't you dare have a thought of creating a product or a service or anything innovative. They will tax your thoughts. They will tax your breaths. So let me tell you what Elon Musk has said. Let me know what you think in the comments. Would you rather give Elon Musk $10 billion to allocate or the government $10 billion to allocate? Elon Musk said it doesn't make sense to take the job of capital allocation away from the people who've demonstrated great skill in that capital allocation and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government. Do you think that the government allocate capital well? Let me know. Do the government allocate capital well? Is the tax revenue that we all pay useful? Are they using it well? Is the NHS in a good state? Are our cities and towns and roads and schools and hospitals in a good state? Yet VAT is 20%, corp tax is going up to 25%, income tax is ridiculous. I pay 56.5% tax, I think, just on corporate and income. Then there's National Insurance, employers, employees. Then there's tax on everything that you buy. 70 pence in the pound I pay in tax on revenue generated and then that net revenue spent. 70 pence in the pound. Just think about that for a minute. Okay. So Elon Musk says you can think of the government essentially as a corporation in the limit. I think in the limit means essentially, or, um, the government is simply the biggest corporation with the monopoly on violence and where you have no recourse. So how much money do you want to give to that entity who have a monopoly on violence and no recourse? If you give money to a corporation, you have recourse, you know, you have ombudsmen and regulatory bodies and ways to get refund and that there's an accountability to the capital that you invest or buy or spend in a corporation. But the government basically takes— some people argue that tax is theft. The government take money off you and there's no accountability or recourse or what they do with that money. They can do whatever they want with that money. They can— I think they spent $13 billion in military defense. Well, why don't you just get better at global relations and then you don't have to spend $13 billion on military defence? Now, I don't know a hell of a lot about that, so, you know, there will be more to it, of course. So what's Elon Musk said here? Government is just a corporation in the limit. It's the biggest corporation of all and it's got a monopoly on violence, so if you don't like corporations, you really should hate the government. So all these people who hate corporations don't really realise that the government is the biggest corporation of them all with a monopoly on capital allocation and no accountability to capital allocation and a monopoly on violence. And they can do whatever they want and you can't do anything about it. And they can lock you down and shut you in your house and you can do nothing about it. And they can reduce your ability to trade and you can do nothing about it. Yet there's all these people ranting about these billionaires and trying to take money off them, give it to the government. Do they not understand the irony and the paradox of this? I'm glad Elon Musk has spoken out about this. And here's the irony: Elon Musk is just about to pay an $11 billion tax bill. He will pay the biggest tax bill in a year of any person in history. $11 billion. Honestly, to me, that's a travesty. It's an absolute travesty. Okay, so why would you want to give a corporation with no competition that can't even really go bankrupt more money? And Musk believes that the role of a government should play that of a referee and not a player. That's a good analogy, a referee and not a player. Thanks for all the stars you're donating, by the way. I really appreciate it. Democratic Senator Elizabeth Warren accused the entrepreneur of freeloading and called him a grifter. The founder of Dogecoin called Elon Musk a grifter. What a load of nonsense! How many jobs is Elon Musk creating? I mean, he even gave the intellectual property of the battery of the Tesla, he open sourced it. He allowed all his competitors in the car industry to see how they made really effective and efficient batteries. So he's actually aiding his competition because he believes that that's for the good of humanity. Yeah, man. So Elon Musk said, if you open your eyes for 2 seconds, you realize that I pay more taxes than any American in history this year. That was his response to Democratic Senator Elizabeth Warren. She said, let's change the rigged tax code. The person of the year will actually pay taxes and stop freeloading off everyone else. The person of the year probably generates more tax revenue than anybody else. Well, he does. It's proven. So she says the tax code is rigged and that the person of the year isn't paying tax and is freeloading, yet the person of the year, Elon Musk, actually paid the most tax out of anyone on the planet. Freaking hell, these people don't know what they're talking about and they're in government running our freaking countries, man. Do you want your taxes to be 70%? Do you want 70% of your money in the form of VAT, corp tax, income tax, national insurance, business rates? Do you want that given to the government? I'd personally like Elon Musk to have some of my tax. I'd like all these billionaires that produce products and services that change the world, that change the climate, that maybe even get us off this planet, that get us on Mars. Musk on Mars. It's a rigged system, but there's no choice. You don't pay your taxes, you go to prison. So hit the share button. I'm on a campaign to support small businesses. I do not believe that the government are investing the tax revenue wisely. I think a lot of it is going on debt that's been created. Over decades and centuries. I think that the way they've allocated capital into things like military defense, um, and apps— um, there was a $4 billion investment in a track-and-trace app and all of the, the related services with it, which didn't work properly. How much have we spent on all of these vaccines? Yeah, okay, quick summary. Elon Musk's believes that excessively taxing billionaires doesn't make any sense. During an interview on the Wall Street Journal forum, he said it doesn't make sense to excessively tax billionaires. He's definitely fighting back on this war that's being waged on billionaires and how much they should be taxed. And I like the fact that he's sticking up for himself. Someone said Elon Musk is one of them. Is one of what, by the way? Elon Musk says it doesn't make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation and give it to an entity that has demonstrated very poor skill in capital allocation, which is a government. You can think of the government as essentially as a corporation in the limit. The government is simply the biggest corporation with the monopoly on violence where you have no recourse. So how much money do you want to give to that entity? My question to you is, if you had 10 bill, $10 billion, would you rather give it to Elon Musk or the government? Let me know in the comments. You got $10 billion, Elon Musk or the government, where would you give it? And if, you know, most of us would give it to the government, fair play. But I've seen the comments so far, most of us want to give it to Elon Musk. I would. Okay, please hit the share button if you think this content is useful. I think taxation and capital allocation and the, the value and the products and services and the, um, the progress of humanity that billionaires create, I think that is understood, misunderstood by the masses. I think the people that think that the billionaires are freeloading are often the freeloaders themselves. I think there's so much paradox and irony. A lot of these people in politics and government and these people who are accusing billionaires of freeloading and grifting are actually being subsidized by the billionaires. I mean, politics is essentially the public sector. They're getting paid by people like Elon Musk. They're getting paid by the private sector. What a freaking joke and irony that is. So Elon Musk says government is just a corporation in the limit. It's the biggest corporation of all, and it's got a monopoly on violence. So if you don't like corporations, you should really hate governments. A government can trade insolvently. A government can trade illegally. A government can make rules and mandatory mandates and regulations which— a government create crimes against humanity. And it's, it's a corporation that does it, funded by billionaires and the private sector and donations and philanthropists. Ah, okay. So why would you want to give, uh, a corporation with no competition that can't really go bankrupt more money? Musk believes that the role of a government should play is a referee, not a player. So number one, let me know what you think in the comments about this and how capital is allocated. And number 2, I think we need to push back. The taxes are going up, not down, yet our ability to trade and generate revenue is going down, not up. Inflation is going up, cost of living is going up, interest rates are gonna go up, taxes are going up, but our ability to generate revenue across the board— well, not for all companies, of course, if you're online, that's good— it's not fair and it's not right and it's not balanced. And yet we give power to this because we're, we're having a go at the billionaires instead of where we really should be focusing on, which is if we're all paying 50% more of our money in tax, then there should be accountability on how that tax is used and invested. And I think it should be more open source and more transparent. Let me know what you think. By the way, hit the share button because I'm on a campaign to support and save small businesses. So if you have a small business, by all means put a pitch in the comments. What does your small business do, um, and what kind of clients are you looking for? How can we help you? I have had hundreds of— that— no, I've had millions of views on videos like this over the last few weeks, and I've had thousands of people tag themselves in or support their small business or tag in a small business owner. So tag in a small business owner, hit the share button now, let me know what your small business does, and let's together support the small business because there is an attack on small businesses. Now, some people are saying part of the New World Order Great Reset is that that is the plan. I can't actually speak for that and whether that's right or wrong. I haven't done enough research or I don't know enough. I think that sometimes we do get a bit drawn into things that are maybe slightly conspiracy-based. I don't know. But what I can say is this: it is harder to trade as a small business now, for the most part, for most small businesses. Travel, leisure, retail, hairdressers, gyms, pubs, bars, clubs, restaurants, any local business, any high street business. It is way harder to trade. They've got less traffic. I mean, I'm in London, it's absolutely dead here. It's dead. Um, I went in down Bond Street and, you know, these people who are on commission in these shops twiddling their thumbs on their phones. It's dead. Uh, so if, if we cannot trade as well as we used to because of mandates and regulations and impositions whether they're right or wrong. If they're right or wrong, you still need to support us on the other way. So don't reduce businesses' ability to trade but then not reduce VAT, not reduce income tax, not reduce corp tax. In fact, increase corp tax, increase National Insurance. No, stop it. You have to stop it. And you know, I could get 500,000 signatures and nothing's going to happen. I can write to my MP and nothing's going to happen. Did it, nothing happened. But these videos make a difference, by the way, because I've had millions of views now on them. So step 1, hit the share button. Step 2, put your small business in here and let me know what you do and how can we support you and what products and services do you offer. Step 3, tag in a small business here now that you think might need support or might want to see this video. Step 4, let's hold the government more account to how do they allocate capital instead of attacking all the billionaires who've proven to allocate capital better than governments. Hmm. All right, quick summary. Elon Musk is defending himself and fighting back against the people in government or other people calling him a grifter or a freeloader. Um, in an interview with the Wall Street Journal Forum, he said it does not make sense to take the job of capital allocation away from people who've demonstrated great skill in capital allocation. I tax them more. And give it to an entity that has demonstrated very poor skill in capital allocation, which is the government. My question to you, if you haven't answered it already: if you had a choice between giving Elon Musk $10 billion or the government $10 billion to allocate best, which would you give it? Would you give Elon Musk $10 billion or the government $10 billion to allocate your tax capital, or your $10 billion that you've been given? Because Elon Musk is just about to pay an $11 billion $11 billion tax bill. To me, that, that makes me really sad. He was actually congratulated by Jordan Peterson for doing this. I love Jordan Peterson, but Jordan Peterson I don't think should be congratulating that event, because $11 billion from Elon Musk to the government is a poor flow of money in my opinion. I'd rather see an $11 billion flow of money from the government to Elon Musk, personally. Let me know what you think. So Musk believes that the role of a government should be a referee, not a player. Completely agree with that. And they've definitely intervened heavily in recent times. Why would you want to give a corporation with no competition that can't even really go bankrupt more money? Hmm. All right, thanks for tuning in. Hit the share button right now. If you don't hit the share button, things aren't going to change. Tag your small business in the comments. Let me know what you do and how anyone in this thread watching these videos could use your products or services, and then tag in a small business, because we have to stand up for the small business. Otherwise, you know, in the UK there's 5 to 6 million small businesses. They generate so much of the economy, the tax revenue. You know, most of the private sector revenue funds most of the public, public sector economy. So don't bite the hand that feeds you. Hit the share button. Thanks for tuning in. Really appreciate you and my little rants. Let's not attack the billionaires. Let's make sure that the capital flow goes the right way and is used in the right way. And remember, if you don't risk anything, you risk everything.