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The future of Bidenomics: You pay Social Security tax on all of your income?

https://www.foxbusiness.com/economy/future-bidenomics-you-pay-social-security-tax-all-your-income

With another four years of Bidenomics, you can be certain that, at the individual and corporate level, a perpetuity tax on Social Security will become front and center.

The future of Bidenomics: You pay Social Security tax on all of your income?

That’s a hard pass for me. I’d rather opt out of social security. It’s a ponzi scam. If the government had put that into a private account, I’d have millions of dollars in there.

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glomag

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"Tesla Motors was incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Eberhard and Tarpenning served as CEO and CFO, respectively." "Tesla's first car, the Roadster, was officially revealed to the public on July 19, 2006."

"The Prius was developed by Toyota to be the "car for the 21st century; it was the first mass-produced hybrid vehicle, first going on sale in Japan in 1997 at all four Toyota Japan dealership chains, and subsequently introduced worldwide in 2000."

I will concede that Musk may have made some marketing decisions that contributed to the popularity of Tesla cars vs other brands but I do not believe that "Without Elon we wouldn’t have a viable electric car industry." If there is money to be made in a business then someone will inevitably step in to fill the market niche. That's a core tenant of how capitalism is supposed to promote the efficient use of resources.

Also, I'm not sure who the "we" in your comment is referring to. I personally do not have any type of car industry, viable or not. Are you suggesting that US car manufactures should be nationalized and owned collectively by all citizens?

Furthermore, I do not support electric cars as a major contribution to the solution to climate change.

wintermute_oregon

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The roadster was just a lotus chassis with some electric parts. Elon pushed the vision.

For some reason people like to like about Musk. Tesla is a success story because of him.

They had nothing till he showed up. They were great engineers but they didn’t know how to run a company.

Elon is the flavor flav of Tesla.

glomag

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I like your characterization of Musk as "the flavor flav of Tesla". He is or tries to be a hype man, a personality, capable of creating a cult of personality. He hired engineers and workers and told them to build things he wanted. The solutions those people created to his (and the other members of the board of directors) demands are what Tesla became. I'm not convinced he knows anything about running a company (Twitter).

wintermute_oregon

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He’s shown he can run Tesla. That doesn’t mean he can run any company.

I also think he’s more of a liability as Tesla now.

Elon was a great hype man and knew other rich people who could invest. That’s why Tesla was successful. He had giants pockets books to fund it. It wasn’t just his money. Thiel was another large investor m