Dem Sen. Murphy: We Should ‘Come After Elon Musk’ He ‘Made His Fortune Off of Taxpayers’

[mystery-ak]

Dem Sen. Murphy: We Should ‘Come After Elon Musk’ He ‘Made His Fortune Off of Taxpayers’

Ian Hanchet 5 Dec 2024

On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” Sen. Chris Murphy (D-CT) questioned the effectiveness of the Department of Government Efficiency and stated that Elon Musk “basically has made his fortune off of government subsidies” and Democrats should “come after the insurance companies, the big defense companies that are all reaping huge amounts of money off of the government. Let’s come after Elon Musk, who’s made his fortune off of taxpayers.”

Murphy said, “I’m just not sure that [DOGE] has anything to do with breaking up the status quo. You’ve put a billionaire, who basically has made his fortune off of government subsidies in charge of deciding how the government should spend its money. This sounds like either a con job, in which Elon Musk comes out of this with his programs protected, and perhaps his competitors’ programs targeted or just a TV show. … So, yes, I think Democrats should put on the table how we think we can cut government. Let’s come after the drug companies, come after the insurance companies, the big defense companies that are all reaping huge amounts of money off of the government. Let’s come after Elon Musk, who’s made his fortune off of taxpayers. Democrats should be involved in the conversation about government efficiency. I just don’t know that this group has anything to do with actual, meaningful commonsense cuts. It may be about protecting billionaires from those cuts or it may just be about a publicity stunt.”

https://www.breitbart.com/clips/2024/12/05/dem-sen-murphy-we-should-come-after-elon-musk-he-made-his-fortune-off-of-taxpayers/

[mystery-ak]

Dem Rep. Crockett: Elon Musk Should Pay ‘Fair Share’ in Taxes, He Has ‘Extra Dollars’

Representative Jasmine Crockett (D-TX) said Thursday on MSNBC’s “Deadline” that billionaire Elon Musk should pay his fair share in taxes because he has “extra dollars that he could lend to help this country out.”
https://www.breitbart.com/clips/2024/12/05/dem-rep-crockett-elon-musk-should-pay-fair-share-in-taxes-he-has-extra-dollars/

[GtHawk]

Well if they are going to whine about people getting rich off the taxpayers, I say go after the congressmen and senators that became multi millionaires off of insider trading, you know Pelosi, Sanders and all the rest of them. At least Musk built businesses that employ thousands of people in the private sector unlike our politicians that only know how to create government jobs that bleed the taxpayer.

[Kamaji]

Better yet, go after the Congress members who enacted those subsidies in the first place.  And then repeal all subsidies. 

[Hoodat]

Didn't Sen. Murphy make his fortune off the taxpayers?

[Hoodat]

Dem Rep. Crockett: Elon Musk Should Pay ‘Fair Share’ in Taxes, He Has ‘Extra Dollars’

Those 'extra dollars' are the dollars left over after taxes.

[Bigun]

https://twitter.com/ThomasSowell/status/1865098516218953729

[mountaineer]

Government contracts are not "subsidies" or welfare, Murphy (you idiot).
And Musk paid $11 billion in taxes in 2021, which is a heck of a lot more than any member of Congress:

... Musk, the world’s richest person, doesn’t earn a cash salary or bonus. He’s instead been paid through stock options, giving him the right to buy shares of Tesla (TSLA) at a price equal to the market price at the time the options are issued, but likely well below their value at the time they are exercised.  ...

[Kamaji]

Didn't Sen. Murphy make his fortune off the taxpayers?

And most likely off of insider trading that would be considered criminal if a taxpayer like me or thee engaged in it.

[Kamaji]

Government contracts are not "subsidies" or welfare, Murphy (you idiot).
And Musk paid $11 billion in taxes in 2021, which is a heck of a lot more than any member of Congress:

He’s probably referring to the government subsidies the federal government gives out to people who buy EVs like Teslas.