By Steve Goreham
Originally published in WND.
In a twitter battle last week, U.S. Senator Bernie Sanders criticized Elon Musk for accepting billions of dollars in government support. The exchange erupted over Sanders’ new bill to impose a wealth tax on Musk and other billionaires. But most of the payments received by Musk’s companies came from electric vehicle and solar energy programs that Sanders, green advocates, and state governments established to promote green energy.
The coronavirus pandemic caused the stock market to plunge in February and March of this year. The subsequent market recovery between March and August increased the wealth of U.S. billionaires by more than $700 billion. Last week, Senators Bernie Sanders, Ed Markey, and Kirsten Gillibrand introduced a bill to tax wealth gained by billionaires during the stock market recovery. Continue reading “Bernie Scolds Elon Musk for Taking Government Subsidies that Sanders Made Possible”