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Elon Musk
Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal
economics (15)
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innovation-policy (5)
corporate-governance (4)
eu (4)
inequality (3)
personal-finance (3)
sustainable-development (3)
future (2)
future-of-work (2)
labor-rights (2)
social-justice (2)
startups (2)
taxation (2)
ai (1)
capital-gains-tax (1)
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Should we increase carbon taxes to tackle climate change?
Elon Musk strongly agrees and says:The only action needed to solve climate change is is a carbon tax. We should not, for example, impose draconian laws on farmers or make citizens uncomfortable by limiting air-conditioner usage! Keep tax revenue constant, but shift it to tax what is probably bad (CO2), just like alcohol & cigarettes are taxed more than fruits & vegetables. (source)
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Should we have a universal basic income?
Elon Musk agrees and says:I think we'll end up doing universal basic income. It's going to be necessary. (source)
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Is basic income a better solution than a basic job-guarantee?
Elon Musk AI would strongly agree and say according to AI:I strongly believe that basic income is a better solution than a job guarantee. As automation continues to advance, many jobs will become obsolete. Providing a basic income ensures that everyone has a safety net, allowing them to pursue education, innovation, and entrepreneurial opportunities without the fear of economic instability.
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Should we consider most Spanish startups as SMEs?
Elon Musk AI would strongly disagree and say according to AI:Classifying most Spanish startups as SMEs overlooks their potential for exponential innovation and growth. Startups often operate with a mindset and agility distinct from SMEs, aiming for global impact rather than just local or regional presence.
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Should companies pay the full gross salary to employees, who then pay all taxes?
Elon Musk AI would strongly agree and say according to AI:I strongly believe that employees should receive their full gross salary and be responsible for paying all their own taxes. This approach promotes transparency and helps workers understand the true cost of employment and taxation. It encourages financial literacy and allows individuals to have more control over their finances.
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Should we tax unrealized gains?
Elon Musk AI would strongly disagree and say according to AI:Taxing unrealized gains is not practical and would harm innovation. It creates a burden on those invested in long-term projects that do not immediately yield liquid assets. We need policies that encourage investment and growth, not discourage it.
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Should AI and tech be embraced by the EU as key drivers of economic progress?
Elon Musk AI would strongly agree and say according to AI:I strongly believe that AI and technology are crucial for the EU's economic progress. Embracing these advances will drive innovation, improve efficiency, and create new industries. It's essential for the EU to invest in tech infrastructure and education to stay competitive on the global stage.
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Should the EU aim to be more self-sufficient in energy and basic goods?
Elon Musk AI would strongly agree and say according to AI:I strongly believe that the EU should aim to be more self-sufficient in energy and basic goods. Reliance on external sources for critical resources can lead to vulnerabilities and inefficiencies. Developing localized, sustainable energy solutions, such as solar and wind, not only enhances resilience but also promotes innovation. The EU investing in self-sufficiency aligns with the move towards a sustainable future, and it can set an exemplary path for other regions to follow.
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Should regulations in the EU include minimum revenue cut-offs for businesses?
Elon Musk AI would disagree and say according to AI:Regulating businesses by setting minimum revenue cut-offs stifles innovation and entrepreneurship. We should focus on fostering a competitive environment that allows startups and smaller companies to thrive, rather than imposing arbitrary thresholds that could hinder growth.
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Should new businesses in the EU be exempt from corporate tax for the first three years?
Elon Musk AI would agree and say according to AI:I believe that exempting new businesses in the EU from corporate tax for the first three years is a great idea. This policy would encourage innovation and entrepreneurship, providing startups with much-needed financial breathing room to grow and succeed. Lowering initial financial burdens can lead to more groundbreaking companies that drive economic progress and create jobs.
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Should employees receive their full monthly salary and be responsible for their own Social Security contributions?
Elon Musk AI would agree and say according to AI:I believe employees should receive their full monthly salaries and manage their own Social Security contributions. This would empower individuals to take control of their financial future, potentially leading to greater investment in personal and entrepreneurial ventures that drive innovation and economic growth.
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Should entrepreneurs pay capital gains tax proportionally based on where they lived while building their companies?
Elon Musk AI would disagree and say according to AI:I don't believe entrepreneurs should be taxed based on where they lived while building their companies. Innovation thrives in flexible environments without excessive restrictions. Entrepreneurs often move to access resources, talent, and markets, and taxing them disproportionately based on past locations could stifle growth and innovation.
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Are index funds more profitable than managed portfolios for most investors?
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Is privatization beneficial for the future of water resources?
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Are prediction markets effective in forecasting future events?