Musk pumped nearly half a billion dollars into Republican campaigns: report
www.independent.co.uk
Elon Musk has reportedly injected around $77 million into his America PAC in the first half of October alone

Elon Musk has reportedly injected around $77 million into his America PAC in the first half of October alone

SpaceX CEO Elon Musk has pumped more than $445 million into Republican campaigns ahead of the midterm elections, according to a report.

​The GOP has been forced to contend with grim polling ahead of the midterms, with Democrats surging in polls across the country amid public anger over the war in Iran and the cost of living.

​Musk, among the richest people in the world, has become increasingly tied to the GOP in recent years - even overseeing the Trump administration’s DOGE scheme before dramatically exiting the White House.

  • nonentity@sh.itjust.works
    14·
    22 days ago

    Financial obesity is neurotoxic, an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

  • foggy@lemmy.world
    14·
    22 days ago

    Remember when he said curing world hunger was just a money problem and calculated it to be far less than his current net worth?

    Pepperidge Farms remembers

  • melsaskca@lemmy.ca
    8·
    22 days ago

    C’mon people! Prove to the world that elon can’t just browse the world to purchase politicians. Make him lose some of that chump change he’s callously throwing around! Bring seriously thinking adults back into the fold again!

  • NotMyOldRedditName@lemmy.world
    5·
    22 days ago

    Thats 445 million we could have taxed at incredibly high rates if we closed the stupid borrowing against shares until you die because your so wealthy loophole.

    That could have required billions with a high enough tax rate.

    Would he have still done it then?

    Edit: shit, Im wrong if that counts as a donation and is tax deductible:(

    Esit: actually im not fully wrong if its tax deductible. If for example he had to sell 2 billion to get 445 million, he’d only get to write off that 445 million. That’d still be 1.1 billion in taxes.

  • CharlesDarwin@lemmy.worldEnglish
    2·
    22 days ago

    I remember trying to think about corporations as if they are foreign entities trying to break and enter our government, but here we have a combination of both. Elon is not from this country and represents corporate interests trying to (and succeeding) in doing a smash and grab on the government.

    Much like Murdoch.

  • kaotic@lemmy.world
    2·
    22 days ago

    Putting that into perspective someone fairly well off ($100k/year income, and for the sake of round numbers let’s say this person has assets worth $1 million [home, car, etc.]) that would the the same as this imaginary person spending around $500. Less than the cost of a new smartphone.

    Fucking tax the rich.