Elon Musk has just announced that he is going to be paying $11bn in tax the next year, but is this right? There’s been a lot of politicised discussion around the taxes billionaires pay and many people believe they simply don’t pay enough income tax, but this is just part of the story. Listen in to this episode to hear Rob’s thoughts on this and why he thinks it’s an ‘absolute travesty’.
KEY TAKEAWAYS
- Many people will be saying that ‘it’s about time’ but Rob doesn’t agree with this. He believes that Elon Musk has created billions for the economy as well as getting us into space and inspiring the masses.
- Who would you rather give 11 billion dollars of your money to? Your government or a billionaire entrepreneur creator? Who do you think will use the money more wisely?
- Billionaires generate the most jobs and the most taxation. Income tax is only part of the story. They may try and reduce their corporation tax but so would most when they see where it goes.
BEST MOMENTS
“Elon musk is one of the most valuable people in the world and not just because he is a billionaire”
“Entrepreneurs generate so much tax, so much enterprise”
[Business, mindset, entrepreneur, disruptors]
VALUABLE RESOURCES
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979