{"id":1095414,"date":"2021-12-07T16:29:33","date_gmt":"2021-12-07T21:29:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1095414"},"modified":"2021-12-07T16:29:36","modified_gmt":"2021-12-07T21:29:36","slug":"elon-musk-government-is-simply-the-biggest-corporation-with-the-monopoly-on-violence","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-government-is-simply-the-biggest-corporation-with-the-monopoly-on-violence\/","title":{"rendered":"Elon Musk: \u2018Government Is Simply The Biggest Corporation, With The Monopoly On Violence\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-government-is-simply-the-biggest-corporation-with-the-monopoly-on-violence%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1095414&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Elon Musk argued in recent remarks that \u201cgovernment is simply the biggest corporation, with the monopoly on violence.\u201d<\/p>\n<p>Musk \u2014 who serves as chief executive of both Tesla and SpaceX \u2014 made the remarks during The Wall Street Journal\u2019s CEO Council Summit, where he also slammed President Biden\u2019s domestic agenda.<\/p>\n<p>\u201cIt does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation, and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government,\u201d he <a href=\"https:\/\/twitter.com\/TheFirstonTV\/status\/1468269858391576578?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1468269858391576578%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fnotthebee.com%2Farticle%2Felon-musk-on-bidens-infrastructure-bill-i-would-delete-it-delete\">commented<\/a>.<\/p>\n<p>\u201cGovernment is simply the biggest corporation, with the monopoly on violence.\u201d&nbsp;<\/p>\n<p>Earlier in the summit, Musk explained that the Senate should not pass the Build Back Better Act. The $1.75 trillion legislation \u2014 which the House of Representatives has already passed \u2014 would <a href=\"https:\/\/www.dailywire.com\/news\/congressional-budget-office-build-back-better-act-will-increase-deficit-by-367-billion\">expand<\/a> various social programs, including universal preschool, childcare subsidies, and climate change initiatives.&nbsp;<\/p>\n<p>\u201cI would say can this bill, don\u2019t pass it. That\u2019s my recommendation,\u201d <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-trashes-bidens-build-back-better-plan-can-this-bill-dont-pass-it\">argued<\/a> Musk during the CEO Council Summit. \u201cIf this bill happens or doesn\u2019t happen, we don\u2019t think about it at all really. Honestly it might be better if the bill doesn\u2019t pass.\u201d<\/p>\n<p>According to <a href=\"https:\/\/www.wsj.com\/articles\/elon-musk-comes-out-against-federal-electric-vehicle-spending-11638892791\">The Wall Street Journal<\/a>, Musk also disapproved of President Joe Biden\u2019s approach to China: \u201cThere are a lot of people in the government in China who kind of grew up \u2026 with China being a small economy and maybe who feel like China was pushed around a lot. They haven\u2019t fully appreciated the fact that China really is going to be the big kid on the block.\u201d He noted, however, that Tesla has a positive relationship with China.<\/p>\n<p>Musk added that new federal backing of the electric vehicle industry \u2014 namely, by increasing the electric vehicle tax credit from $7,500 to $12,500 and building charging stations across the country \u2014 is unnecessary.<\/p>\n<p>\u201cDo we need support for gas stations? We don\u2019t,\u201d he said. \u201cDelete it.\u201d<\/p>\n<p>In a recent interview with <a href=\"https:\/\/www.dailywire.com\/news\/how-the-democrats-new-tax-bill-reverses-trumps-tax-cuts-an-interview-with-rep-kevin-brady\">The Daily Wire<\/a>, Rep. Kevin Brady (R-TX) \u2014 the Ranking Member of the House Ways and Means Committee, which charts the course for taxes and other fiscal policy measures \u2014 slammed the electric vehicle tax credit as a boon for high earners.<\/p>\n<p>\u201cUnder this bill, a family making $800,000 per year is eligible for a $12,500 check to buy a luxury electric vehicle with up to a $74,000 price tag,\u201d noted Brady. \u201cThat check they\u2019re getting will be paid for by the maid who comes to clean their house. It\u2019s a stunning giveaway to the wealthy.\u201d<\/p>\n<p>The Congressional Budget Office \u2014 the federal government\u2019s nonpartisan fiscal scorekeeper \u2014 <a href=\"https:\/\/www.dailywire.com\/news\/congressional-budget-office-build-back-better-act-will-increase-deficit-by-367-billion\">said<\/a> that the Build Back Better Act would add $367 billion to the deficit by 2031, not considering a potential $207 billion windfall arising from harsh tax enforcement efforts.<\/p>\n<p>Likewise, a report by the Committee for a Responsible Federal Budget <a href=\"https:\/\/www.dailywire.com\/news\/bidens-1-75-trillion-social-welfare-legislation-may-cost-nearly-5-trillion-if-programs-are-made-permanent\">suggests<\/a> that the true cost of the bill maybe $4.9 trillion due to a number of \u201carbitrary sunsets and expirations.\u201d<\/p>\n<p>For instance, the legislation would extend the American Rescue Plan\u2019s Child Tax Credit increase and Earned Income Tax Credit expansion for a year, set universal pre-K and child care subsidies to expire after six years, make Affordable Care Act expansions available through 2025, and delay the requirement that businesses amortize research and experimentation costs until 2026.<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk argued in recent remarks that \u201cgovernment is simply the biggest corporation, with the monopoly on violence.\u201dMusk \u2014 who serves as chief executive of both Tesla and SpaceX \u2014 made the remarks during The Wall Street Journal\u2019s CEO Council Summit, where he also slammed President Biden\u2019s domestic agenda.\u201cIt does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation, and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government,\u201d he commented.\u201cGovernment is simply the biggest corporation, with the monopoly on violence.\u201d\u00a0Earlier in the summit, Musk explained that the Senate should not pass the Build Back Better Act. The $1.75 trillion legislation \u2014 which the House of Representatives has already passed \u2014 would expand various social programs, including universal preschool, childcare subsidies, and climate change initiatives.\u00a0\u201cI would say can this bill, don\u2019t pass it. That\u2019s my recommendation,\u201d argued Musk during the CEO Council Summit. \u201cIf this bill happens or doesn\u2019t happen, we don\u2019t think about it at all really. Honestly it might be better if the bill doesn\u2019t pass.\u201dAccording to The Wall Street Journal, Musk also disapproved of President Joe Biden\u2019s approach to China: \u201cThere are a lot of people in the government in China who kind of grew up \u2026 with China being a small economy and maybe who feel like China was pushed around a lot. They haven\u2019t fully appreciated the fact that China really is going to be the big kid on the block.\u201d He noted, however, that Tesla has a positive relationship with China.Musk added that new federal backing of the electric vehicle industry \u2014 namely, by increasing the electric vehicle tax credit from $7,500 to $12,500 and building charging stations across the country \u2014 is unnecessary.\u201cDo we need support for gas stations? We don\u2019t,\u201d he said. \u201cDelete it.\u201dIn a recent interview with The Daily Wire, Rep. Kevin Brady (R-TX) \u2014 the Ranking Member of the House Ways and Means Committee, which charts the course for taxes and other fiscal policy measures \u2014 slammed the electric vehicle tax credit as a boon for high earners.\u201cUnder this bill, a family making $800,000 per year is eligible for a $12,500 check to buy a luxury electric vehicle with up to a $74,000 price tag,\u201d noted Brady. \u201cThat check they\u2019re getting will be paid for by the maid who comes to clean their house. It\u2019s a stunning giveaway to the wealthy.\u201dThe Congressional Budget Office \u2014 the federal government\u2019s nonpartisan fiscal scorekeeper \u2014 said that the Build Back Better Act would add $367 billion to the deficit by 2031, not considering a potential $207 billion windfall arising from harsh tax enforcement efforts.Likewise, a report by the Committee for a Responsible Federal Budget suggests that the true cost of the bill maybe $4.9 trillion due to a number of \u201carbitrary sunsets and expirations.\u201dFor instance, the legislation would extend the American Rescue Plan\u2019s Child Tax Credit increase and Earned Income Tax Credit expansion for a year, set universal pre-K and child care subsidies to expire after six years, make Affordable Care Act expansions available through 2025, and delay the requirement that businesses amortize research and experimentation costs until 2026.The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":99,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1095414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1095414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1095414"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1095414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1095414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1095414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1095414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}