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Why is Elon supporting Trump MAGA?
(lemmy.world)
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this post was submitted on 31 Oct 2024
81 points (94.5% liked)
Enough Musk Spam
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Money.
Democrats are pressured by their base (see overwhelming majority of Americans) who wanna see the rich be taxed more and pay a fair share as well as delve into the very clear financial corruption in our government.
Musk, Trump, Bezos, and the other rich fucks like Peter Thiel or Miriam Adelson actively lose if this sort of policy is passed. Trump is literally the rich person candidate
It's money always is.
I made a little table showing the highest marginal tax rate from 1913 to 2022 coded in blue for Democrat presidents and red for Republican:
source1
source2
The first Democrat run saw a stunning rise of 66% in the highest marginal tax rate due to the insane expense of WWI.
The first Republican run saw a drop of 48% as the nation moved away from the war economy and into the post-war economy.
The second Democrat run saw a sharp rise of 38% at the beginning and a further rise of 28% by the end of their run because of the Great Depression and WWII in that order.
The second Republican run kept the ultra-high (91%!) highest marginal tax rate during the post-war boom with no change.
The third Democrat run saw the rate fall by 21% over its span.
The third Republican run kept the rate as-is over its span.
The fourth Democrat run (single-term) kept the rate as-is over its span.
The fourth Republican run dropped the rate by 39%
The fifth Democrat run saw an increase of almost 9% over its span.
The fifth Republican run saw a drop of almost 5% over its span.
The sixth Democrat run saw an increase of almost 5% over its span.
The sixth Republican run saw a drop of almost 3% over its span.
The final Democrat run (and the last data I have) saw no change.
If we factor out the war years (up to the end of the second Democrat run) we don't see a huge pattern of differences in tax rates, given that those are the highest marginal tax rates and people in that bracket tend to have many ways to evade taxes. (Apartheid Manchild recently complain/bragged that he paid an amount of taxes that turned out to be 3-4% of his income where the vast majority of people pay well over 11% of their incomes, for example.)
So I doubt it's money. It's something else.
Other interesting notes that pop out at me:
Here I see a distinct pattern that should alarm anybody running a business since lost sales account far more for lost wealth than alterations in the highest marginal tax rate.
I don't think tax rates or recessions really carry the picture. It is useful information but there are things that cost or have value outside of straight money that lend to making money or grant you influence on markets so you can make more money.
Gutting social safety nets, healthcare, etc makes people desperate and gives a more pliable workforce that cannot advocate for themselves they're busy surviving. Bezos and all those neolib imperialists lean on this shit.
Buying a newspaper and shilling it or outright dumpstering it into oblivion doesn't seem like a smart financial benefit but when the news and social media platforms are under your thumb nothing bad is said about you.
Control makes money making easier. They're motivated by gaining more power or not losing what power they have and power directly translates to wealth.
Control doesn't make money making easier when that control destroys the economy. It turns out productivity drops when people are treated like shit. You can see that happening at Twitter and Facebook both, for example.
But you're right that this is about control. It's just that it isn't necessarily about the money except insofar as having a lot of money gives you a lot of control. Shitlords like the Apartheid Manchild or Harvard's Robot wouldn't care if they lost money … as long as everybody else lost more.
It’s not money, that’s way too charitable.
It’s because he’s a white supremacist. He wants fascism.
Pretty straight forward.
Nah I think that's immature thought. Even Hitler's motivation was largely money don't fall into that trap.
Fascism is control, control in money making.
He is absolutely transphobic but he's tried to sell himself as a queer advocate because he wants their support. Support directly translates into social currency that can be used to make real currency
See;
I completely disagree with you - ultimately, it’s about power and control - hence, fascism. Hitler’s motivations very clearly went beyond personal wealth. You don’t exterminate people for profit, you do it for ideological reasons. If you want profit, you enslave people in for-profit prisons.
No honestly the opposite.
Hitler did not just target Jewish people and kill. He was absolutely a racist but he was a eugenics racist his views were nonsensical but followed a logic that made sense to him based on his flawed understanding of history and political changes behind his times. Hitler had pride in his race, he expected others to be the same. His ire of the Jews was because he believed they were the cause of the financial ruin his people experienced. He respected the Japanese.
And he did put them in for profit prisons. He squeezed so much profit from them he didn't pay for any sort of care for these people and in fact used them as fodder to make medicine and weapons and all sorts of things. Porche, Bayer, BMW, various banking companies, Volkswagen.
It is really hard to express the financial landscape of how but initially they said Jews may leave but take nothing with you the state owns it now. Those who didn't leave had their property and labor and eventually lives claimed by the Nazi party that exploded in wealth because they genuinely seized assets from so many in such a short while. Even the shoes taken were sold. Like the literal hair they shaved off people was used for raw material
Everything was financial. Hitler was not just some demon to kill, that's what is actually the scariest part all of it was simply business to these people that's how cold and heartless and completely evil they were.
The full story here is very, very, very dark and implicates the WWI Allies.
There are no innocent parties in the Shoah outside of its victims.
I don't believe money is a driver for him. Power maybe.