Iām just kind of confused. 5% of $1T is $50B, and thatās not a tax on this yearās income, itās a personās entire net worth (which is mostly just illiquid assets).
You could pay uni, trade, and vocational tuition costs for every student in the U.S. for $50B?
Not buying it
Brad, a 5% tax on Elon's trillion net worth would literally pay for free college and trade school for every American.
And with the market's growth, he still would be worth over a trillion dollars!
You don't think that's worth it?