12/10/2023 0 Comments Yu pan elon muskIn his desperation for attention, he never considers what might happen if the gate is opened.įights can reveal a person’s character. He is the insecure kid taunting an angry dog from the safe side of a fence. ![]() He has sought instead to wallow in the shallow end of the pseudo-macho pool: Popping off with big talk about a fight, hollering at top volume about how he has big plans to win, and never, ever, bathing in the painful and humbling sweat that is required to actually do so. But while the average stockbroker who trains for an amateur boxing match after work can, at least, walk the honest path towards humility that comes with all the black eyes, busted lips, and slow dawning of the knowledge that you’re not as good at something as you imagined you would be, Musk will reap none of those moral benefits. Indeed, Musk is just a wealthier (and softer) version of a familiar type: the White-Collar Brawler, who stumbles into a fight gym in a quest to Become a Real Man. It may be nice to have life handed to you on a silver platter, but it tends to erode the sense of genuine accomplishment that we all crave deep down. At the same time, Musk – like many rich men – has a natural yearning to prove his worth in a way that no one can claim is due only to his money. Those who are used to seeing their net worth grow by billions without lifting a finger are susceptible to believing, wrongly, that winning a fight will require little effort as well. Ensconced in a bubble of fabulous wealth, he has grown overly intoxicated with his own genius, and makes the error of assuming that his success in business will carry over into success in a physical showdown. But unlike most things, money cannot protect you from the consequences of this particular mistake.Įlon Musk, who publicly challenged his fellow tech billionaire Mark Zuckerberg to a cage match earlier this summer and has spent the time since doing everything except actually fighting, is a man who possesses every pitiful trait necessary to prompt him to humiliate himself. ![]() ![]() But his reasoning is likely to resonate with many Americans who distrust politicians and already think the government taxes too heavily.Having $200bn only makes all of these poisonous characteristics more potent. Of course, as the world's richest man, Musk's opposition to the policy in many ways is expected, as he stands the most to lose from the implementation of the tax. McCracken tagged Musk and Amazon billionaire Jeff Bezos in the tweet. Although principal residences and holdings in 401K plans apparently will be excluded, the Wyden proposal takes new tax hikes a step closer to imposing unrealized capital gains taxes on the average investor. Then the modest investments will get hit possibly within a decade. I anticipate that any new unrealized capital gains taxes will slowly make their way down to the middle-class retirement investments over the next several years. Although the proposal targets billionaires and not myself, the government of elected representatives have a track record of scope creep in writing new taxes. The template goes as follows: Dear (Senator or Congress Member's name), I expect you to oppose the Wyden proposal to tax unrealized capital gains. McCracken had posted a letter template for those interested in writing to their congressional representatives regarding the proposal. ![]() Eventually, they run out of other people\u2019s money and then they come for you.
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