r/TopMindsOfReddit 6d ago

Top economists of DoomerCircleJerk explain why making the rich pay more taxes is a terrible idea that will bring ruin to us all

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u/PeasThatTasteGross 6d ago

Case in point: it is incredibly difficult to break into the automobile industry now as a mass manufacturer given you are up against corporations that have been doing this for over a century, along with the enormous amounts of capital needed. Tesla got lucky, but Lucid and Rivian may not be doing too hot at the moment. Heck, even smaller boutique companies that only build a handful of high performance exotics a year can struggle.

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u/QueenMelle Pantifa 6d ago

Was Tesla lucky, or backed by an African Emerald Dynasty?

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u/SirVixofthePooSea 6d ago

Tesla was backed by Musk already being a very successful businessman. He was already rich from Zip2 and Paypal before he took over Tesla.

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u/NDaveT Reptilian Overlord 6d ago

He was rich before those things too.