Elon Musk is one of the biggest boogeymen to the American left.
Democrats have been plotting revenge on Musk ever since Musk endorsed President Trump in 2024.
And Adam Schiff made one threat to Elon Musk that instantly blew up in his face.
Adam Schiff Rips the Mask Off
Democrats never forgave Musk for buying X and dismantling the censorship protocols that helped them rig the 2024 election by suppressing the Hunter Biden laptop story.
When Donald Trump ran in elections where Big Tech didn’t press its thumb on the scale and allowed free speech to flourish on social media, 2016 and 2024, Trump won.
Now that Musk became the world’s first trillionaire, Democrats want to exact their pound of flesh.
Adam Schiff went full communist and posted a video to social where he fantasized about the government seizing Musk’s entire fortune and redistributing it.
“$1 trillion, if we decided to distribute that equally among American households, your household would get $7,500,” Schiff began.
“It would also pay for the complete four-year college education of 7.7 million American students. So you can take all the tuition, all the room and board, all the costs of all of that for seven and a half million students and pay for it by the wealth of our first trillionaire. It costs a lot to raise kids in America. Well, you can take 4.3 million kids and raise them from birth until 18, pay for pay for everything they need during those 18 years,” Schiff added.
Democrats Propose Illegal Wealth Tax
Socialists, Senator Bernie Sanders (D-VT) and Congressman Ro Khanna (D-CA), put confiscating the fortunes of Musk and other wealthy Americans into legislative text.
Khanna and Sanders proposed a “Make Billionaires Pay Their Fair Share Act,” which would impose a 5% so-called “wealth tax” on Americans they falsely claim aren’t paying their fair share of taxes.
Fox News legal correspondent Jonathan Turley wrote that “Under the plan, Congress would target 938 billionaires to tap them for $4.4 trillion. That money would then be redistributed as a $3,000 direct payment to every man, woman, and child in a household making $150,000 or less – $12,000 for a family of four.”
Khanna, Sanders, and Schiff are stoking class enby based on a lie.
The top one percent of income earners pay 38.4% of all income taxes, a fair share by any definition.
But Schiff, Khanna, and Sanders have one major hurdle standing between them and their dream of the government looting the wealth of the most successful Americans in a Soviet-style redistribution scheme.
And that’s the United States Supreme Court, as Turley noted, a so-called “wealth” tax violates the Constitution since the 17th Amendment only allows the government to tax income.
“The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration,” Turley stated.
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