Here’s the starting point. Consider that Elizabeth Warren paid $268,000 in taxes in 2017. Elon Musk is preparing to pay $15 billion for 2021 according to media reports.
The two were in the news when, shortly after Musk was named Person of the Year by Time Magazine, Warren tweeted: “Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else.”
It takes some nerve for a member of Congress, among the biggest freeloaders in the country, to level that charge at someone else.
Musk responded that Warren reminded him of when he was a kid and “his friend’s mom would just randomly yell at everyone for no reason.”
In my opinion, Musk would also have been correct in saying: “I created a corporation that is helping us reexplore space. I’m building one of the world’s most successful electric vehicle companies. I provide jobs for 110,000 people worldwide. What have you done for the world, lately?”
Ms. Warren has been feeding at the taxpayer trough since 2012 when she was the first female senator elected to that office from Massachusetts. Before that she practiced law and then moved over to teaching. Those that can’t do, teach, as the old saying goes.
Elon Musk was born in South Africa and moved to Canada, landing in the U. S. to settle in Silicon Valley. At age 24, he started Zip2 with his brother and another partner. They sold that company to Compaq four years later for $307 million. A month later he used his $22 million share of the sale to co-found a payment company that was sold two years later for $1.5 billion in stock to eBay.
In 2002, he founded SpaceX; in 2004 he joined Tesla and became its CEO in 2008; in 2006 he helped create SolarCity, a solar energy services company that is now Tesla Energy; in 2015 he co-founded OpenAl, a nonprofit research company that promotes friendly artificial intelligence and on and on.
It’s people like Musk who are willing to throw caution to the wind, who let it all hang out there in pursuit of their dreams that make a difference for the rest of us more-cautious, less-visionary folks.
It’s people like Warren who stifle our ability to pursue the American dream by seeking to drown entrepreneurs in rules, regulations and government bureaucracy. To my knowledge, she has never started a company or envisioned what life could be like on Mars.
Warren says she considers herself a capitalist because she has a reported net worth of $12 million. I for one would like to know how she made all that money since it doesn’t appear she brings much, if anything, to the table and is a “civil servant” beholden to the public. She is certainly no Elon Musk.
I don’t care how much Musk pays in taxes. I think he’s more than paid his dues by simply being an asset to our world. Based on her contributions to bettering our lives, Ms. Warren should return 100 percent of what she earns as a member of Congress to the rest of us taxpayers and return to the classroom.