Even less important accounts can have serious side effects if compromised. Say someone got hold of my
I'm serious. I want to like Elon Musk, but seriously his entire business model is based on getting the government (at all levels) to help him. His cars are subsidized heavily by the government, meaning that poor people in California are helping to pay for rich people buying expensive cars. That's not right. Now he wants more governmental help to hurt his competition. He needs to simply do the right thing, and that means competing fair and square.
And don't bother telling me about the massive "subsidies" available to the fossil fuel industry. Those subsidies are tax breaks for industry in the US that are available to Tesla, also, and I guarantee that they take advantage of it all.
I don't even want to go into the fact that his cars are, for the most part, coal powered.
So, you don't care that each of us already pays to subsidize the fossil fuel industry? The waste from that industry costs us $300-$800 billion in increased health care costs per year. Poor people are being forced to pay for everyone's unneeded health care expense, and the folks who develop issues from the fossil fuel waste get the added burden of living with those ailments.
Musk is simply saying he wants to get rid of all subsidies: direct tax benefits for both Fossils and Clean energy. He also wants the fossil fuel industry to pay for the damage it has done to the environment. Yes, that increases the cost of gas and electricity for all.
Imagine if those increased health care costs were rolled into the cost of electricity via a carbon tax. A coal plant would increase the cost of the electricity they generate to cover the carbon tax. The money they receive goes to health care. Our health care costs go down, to be replaced by the increased cost of electricity.
Now that we can see the true cost of the electricity, you and I can make an informed decision about which fuel type is better. If you suddenly see your electric bill double because you get your electricity from a coal plant, wouldn't you be banging down the door of your local/state government to push for a solar or wind farm? After all, they only lost the direct tax credit subsidy, and may have raised their rate only 20%
This scenario should also be repeated for the costs of increased property damage from climate change.
Do you still think he's talking BS?
Further, it's the middle class folks who pay these taxes anyway. Over 40% of the US doesn't pay federal taxes because they don't make enough money. It's more along the lines of going from "everyone pays 28% on whatever they earned over $40K" to "everyone pays 29% on whatever they earned over $40K, but folks doing things to help the environment and reduce health care costs get to pay 26%." The rich folks still have their tax havens, so they pay 0%.
"There... I've run rings 'round you logically" -- Monty Python's Flying Circus