By Vin Armani
In this video, Vin Armani explains why almost everyone is wrong about Elon Musk’s alleged tax subsidies or “corporate welfare” for his businesses Tesla Motors and Battery, Solar City, and Space Exploration Technologies Corporation, better known as SpaceX. LA Times claims Musk receives $4.9 billion in “subsidies”. Watch to learn why this claim is wrong and widely misunderstood.
Watch the full broadcast here
See Vin speak and hang out in person Feb 25-28th at Anarchapulco
Vin Armani is the host of The Vin Armani Show on Activist Post, TV Star of Gigolos on Showtime and Agorist Entrepreneur. Follow Vin on Twitter and subscribe on YouTube. Get the weekly podcast on iTunes or Stitcher.
I don’t have 28 minutes right now to see if I want to buy Vin Armani’s propositions. But, I suspect that he’s arguing that Musk is a creative force bringing massive benefits to “the world” by sucking up massive federal bucks. Excuse me, but if this is so, this is Statism writ large. What is Vin doing going to Anarchapulco?
If his products can’t stand on their own they should fail just like in the real lives of the (silent) majority who don’t seem to have the subsidies and insider connections enjoyed and then monetized by Mr. Musk. Especially in these days and times of too much BIG govt spending and outrageous budget deficits running the Big govt protection racket for the military/industrial complex and other assorted kinds of Govt provided corporate welfare. I thought he was going to Mars. So what’s taking him so long?