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xedraclast Tuesday at 10:12 PM1 replyview on HN

People say this, but I'm not sure I understand how it could be true. For example, taxing billionaires is often cited as the solution to this problem. But if we took Elon Musk's $730 billion fortune and divided it evenly among the US population, people would receive a one-time payment of about $2000, and then that fortune would be gone, and any opportunities or advancements it was creating. So I'm genuinely curious where you see this incredible excess coming from.


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hackeraccountyesterday at 1:23 PM

It also misunderstands that nature of Musk's fortune. He's not Scrooge McDuck and they pretend he is. Sell SpaceX at a fire sale. What's it worth? A lot less then it is now. Who would buy it? Poor people? Somehow I don't think so.

Musk is a golden goose and there are people who think the best move is to cut him in half and get at all the gold inside.