Adam Schiffs Latest Elon Musk Wealth Grab Fantasy

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Adam Schiffs Latest Elon Musk Wealth Grab Fantasy | Political News

We’ve seen a selection of Democrats make ridiculous remarks since Elon Musk turned a trillionaire following the initial public offering (IPO) of his company, SpaceX. 





They all appeared to assume this was the time to discuss about how a lot the federal government ought to grab from Elon and/or billionaires to redistribute to those who did not earn it, and punish success. The Democratic nominee for the Senate from Maine, the scandal-plagued Graham Platner, even said that they need to make sure that Musk was the “last trillionaire.” California Gov. Gavin Newsom (D) said we needed to “democratize the economy.”   

There was Democrat Rep. Ro Khanna (CA-17), who revealed why we must always never vote for his social gathering and had issues with math as he spoke about a 5 p.c wealth tax on billionaires. 

This the basic distinction.  

Republicans consider that that if you let the rich spend capital` it’ll make Americans affluent.  

Democrats consider that the federal authorities investing in the healthcare & schooling of our people will make America affluent & productive.

As I famous then, Democrats assume that “prosperity” comes from taking more of your money because they know how to spend it for you. What an advert for why we should not vote for them. 


READ MORE: Dem Accidentally Reveals Why We Should Never Vote for His Party


However, Sen. Adam Schiff (D-CA) apparently determined he wished to top Khanna with an even worse thought. Actual redistribution of Elon’s trillion to other people. 





First, he says you could possibly distribute it to all American households. Then, he claims the trillion might pay for the faculty schooling of 7.7 million people. Finally, he suggests you could possibly use it to pay for all little one care prices from beginning to 18 for 4.3 million youngsters. 

The Democrats are actually now proposing the concept of confiscating all somebody’s money. Can we discuss again about how they’re dashing headlong to embrace radical leftist thought? 

Leaving apart the questions of Schiff’s math, Musk would not have a trillion {dollars} mendacity around in money you’ll be able to grab. It’s locked up in the stock and the worth of the businesses. If you grab it, you destroy the businesses and all they would supply, including the scientific development and the space exploration. You put all the tens of hundreds of workers out of work. You destroy the investments that Americans have in his corporations and in all probability tank the stock market, so you harm all those people as nicely. 





Then you’d in all probability trigger billionaires to flee the nation, if we had a authorities idiotic and communistic enough to do this, tanking the financial system and the nation even more. 

Then, too, can we discuss about how dangerous they already are with the money they’ve taken from American taxpayers? It is not Elon grabbing your money; it is the federal government. Elon was really working arduous to save us money when he was serving to out the Trump administration with the Department of Government Efficiency (DOGE). Elon has created worth, while politicians have created debt. 

But hey, just trust the Democrats, bro. They actually imply nicely, even though the federal government has already gotten trillions and not achieved any of these issues. All you need to do is give them more money. Not to point out, it is not the function of the federal government to pay for the issues he is speaking about. 

Then, to top it off, Schiff doubled down on it after the backlash, posting Fox’s take on his video, calling it (appropriately) a “war on success.” 





Fox News: Adam Schiff factors out how far $1 TRILLION would go to help Americans afford the price of dwelling if tax shelters didn’t permit it all to go to one individual.  

Me: Yup.

Nope. Fox did not say in that clip, “if tax shelters didn’t allow it all to go to one person.” That would not even make sense, as the money is wrapped up in stock worth, not tax shelters.

Schiff called Musk’s success a “product of a corrupt system.” Musk’s success is due to arduous work and ingenuity. He earned it. Meanwhile, Schiff has been half of the system that just retains spending more and piling up the debt, so what is he even saying? 

Any Democrat who comes up with these sorts of concepts ought to be keen to put up some of their own money. After all, if they care about “income inequality,” it is the least they will do if they are going to push these concepts. 


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