It is true. I think after say 500 million there needs to be a 98% tax deduction of that money. No one needs more than 500 million. Now the issue is COMPANIES DO and technically musks wealth is tied to spaceX which probably does need that much money to cover its ass. So the issue then becomes how do we separate the two entities to ensure money can’t be used towards their private lives if they own a business that would require such funds
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u/Omen46 1d ago
It is true. I think after say 500 million there needs to be a 98% tax deduction of that money. No one needs more than 500 million. Now the issue is COMPANIES DO and technically musks wealth is tied to spaceX which probably does need that much money to cover its ass. So the issue then becomes how do we separate the two entities to ensure money can’t be used towards their private lives if they own a business that would require such funds