Jacob Mueller

@Uncatfishable Because billionaires have created insane amounts of value for the rest of us, unlike the example Kevin gives here. I’m forever thankful at what Amazon means for me and my family never having to shop for humdrum things again.

How come nobody ever tells billionaires “just have 1 house and 1 car, there’s no need to have 10 cars, 10 house, a yacht, and a private jet. Pay your fair share in taxes instead.”

The US government spends an equivalent to Jeff Bezos’ TOTAL wealth every 13 days. So even if you took every single penny he has; every dollar, every boat, every house, every rocket…. It would all be gone in two weeks. And then what? Once you realize that rich people spending their money hiring people creates way more jobs and positive economic impact than the money going to the federal government to be pissed away on waste and fraud, things make more sense.

@MelatKirosCO That’s a terrible idea.

He’s right bc we tax income, not wealth. Bezos takes out a tiny salary, pays the income tax, and lives off loans borrowed against his stocks, basically tax free. They all do this and now 935 billionaires hold more wealth than 170 million Americans. It’s time to tax wealth.

Big news for me personally and professionally. @jon_lewis_ and Alyssa were my top lieutenants at Daily Wire and played a huge role in helping to build and nurture that brand through some of our biggest battles and biggest wins. Working with them again in this new venture is good for the soul and good for the business. The future is never certain. The path is fraught. There be dragons. I feel sorry for the dragons...

This is what our society fails to comprehend. If I work as a physical therapist, and I’m good, I’ll make $100,000/yr. And pay $15,000 in taxes. I can see 60 patients per week. But that’s the end of it. No additional tax money, no more patients can get my services. I provide a living for myself and my family. If I own a practice and employee 10 therapists that each make $100,000, now I’m providing a living for 10 families, and because of my efforts there is now $250,000 in tax revenue. So why should businesses get taxed more? Why should they even have to pay payroll taxes? My value to society is way more than 10X at this point. But the vast majority of Americans can’t comprehend that, neither do our congressional representatives.

@DarrigoMelanie If you think lack of school supplies is the reason our public education is bad, no one can help you.

Jeff Bezos paid $500M for his super-yacht and $75M for his super-yacht’s mini-yacht — both of which he’s allowed to write-off on his taxes. That alone would cover $180 in classroom supplies for every public school teacher in the U.S.

This was an important piece If you want to undermine America’s future then attack our AI industry

@CommonSense5199 @senatorbabet @MarcusNoirelius I’m talking about rule of law. You know, the thing that prevents others from taking your stuff at gunpoint

@Jacobtmueller @senatorbabet @MarcusNoirelius What a flawed view this is. Ppl are successful despite the system, not because of it.

Capital gains tax shouldn’t exist. I risk my money. I build the business. I make the investment. I do the work. I take the risk. So why the hell should the government take a cut of my success? They risk nothing. They create nothing. They just take. Parasites. F’en parasites.

It’s been almost two months since President Trump took the bold step of officially forming the Task Force to Eliminate Fraud. We’ve already uncovered tens of billions of dollars in defrauded taxpayer money, prosecuted dozens of fraudsters, and stopped billions in suspicious payments. And we’re just getting started. So why has it taken the federal government until now to finally tackle fraud? Because Andrew Ferguson and I are taking a new approach. Here’s how.

@RobertMSterling This is insane. Can you imagine the conversations in the flight?!

Trump’s got the 1992 Dream Team of the business world with him on AF1 for this China trip: - Jensen Huang, CEO of Nvidia - Elon Musk, CEO of Tesla and SpaceX - “Tim Apple” (lmao) - Larry Fink, CEO of BlackRock ($14T AUM) - Stephen Schwarzman, CEO of Blackstone - Kelly Ortberg, CEO of Boeing - Brian Sikes, CEO of Cargill (ag giant that touches nearly every item in your kitchen) - Jane Fraser, CEO of Citi - Larry Culp, CEO of GE Aerospace and former CEO of Danaher (low-key guy but one of the most talented business leaders of our generation) - David Solomon, CEO of Goldman Sachs - Sanjay Mehrotra, CEO of Micron (semiconductor company with $860B market cap) - Cristiano Amon, CEO of Qualcomm Just an insane line up. Can’t think of any other president who could get this many heavy hitters to clear their schedules and fly halfway across the world in the same entourage. Trillions of dollars of commercial, trade, capex, and M&A deals are going to result from this trip. Pay close attention to all of it.

@DadisFIRE @dylthorn I mean, I love my new vehicle and have no regrets

@dylthorn ......or they are projecting.

I know it's not good financial advice but like everybody I know with a new car or truck absolutely loves it and they have zero regrets. If you spend several hours a day in your car, it makes a lot of sense

Time in Federal Government… Alexander Hamilton: 5 years George Washington: 8 years Thomas Jefferson: 10 years John Adams: 12 years Bernie Sanders: 35 years Nancy Pelosi: 39 years Mitch McConnell: 41 years Chuck Schumer: 45 years It explains everything. Founders vs Grifters

@moseley_bo @astrodanish @cdrsalamander It matters who holds the money. So this seems plausible.

@astrodanish @cdrsalamander A trillion dollars of capital investment in Texas right now and hundreds of billions of dollars in oil royalties. But somehow some spacex stock options will raise the temperature to boiling?

The people making $100m off the SpaceX IPO are not the type of people that would just retire and live a comfortable life. The startup ecosystem in Austin is about to hit escape velocity. You kind of need mass liquidity events like this to birth the next silicon valley.

@leevalueroach How are you accounting for the deflationary effects of AI?

In a hyperinflationary environment, the single most important financial decision you can make, and the one almost nobody who lives through one is psychologically prepared to make, is to maximize fixed-rate, long-duration debt against productive assets, because the entire mechanism of hyperinflation is a wealth transfer from creditors to debtors, and the only question that matters, in the moment it begins, is which side of that transfer you have positioned yourself on. The math is brutal in its simplicity. If you owe a bank $400,000 at a 30-year fixed rate of 6%, and the currency loses 90% of its purchasing power over five years, you are, in real terms, paying back the bank in lottery tickets. The house you bought with that loan retains its real value, because it is a physical asset that the inflation cannot touch. The bank, which lent you future dollars and is now receiving past dollars, takes the loss. You take the gain. The transfer happens silently, invisibly, on the loan amortization schedule, every single month, while the people around you who saved in cash, held bonds, or refused on principle to take on debt watch their lifetime savings evaporate in real time. The Weimar industrialists who emerged from 1923 with their fortunes intact, and in many cases multiplied, were not the ones who hoarded gold or moved their assets to Switzerland. They were the ones who borrowed aggressively, in the local currency, at fixed rates, against factories and farms and apartment buildings, and let the inflation pay off the debt while they collected rents and revenues that repriced upward with the currency. The same pattern played out in Hungary in 1946, in Argentina in the 1980s, in Zimbabwe in 2008, and in every other major inflation event of the modern era. The borrowers won. The savers lost. The people in the middle, who tried to be cautious and hold cash and wait for clarity, were the ones whose lives were quietly destroyed. The reason almost nobody acts on this knowledge in advance is that the human brain treats debt as danger, and treats saving as safety, and these instincts are correct in stable monetary environments and exactly inverted in unstable ones. The middle class, which has been trained for generations to fear debt, is structurally the worst-positioned group when the currency starts to fail. The wealthy, who use leverage as a tool, and who hold the productive assets that the leverage was used to acquire, are structurally the best-positioned. The asymmetry is not an accident. It is the entire mechanism by which monetary debasement transfers wealth from one class to another, every time it has happened, in every country it has happened in, for as long as currencies have existed. You do not need to predict the timing. You need to structure your balance sheet, in the years before the event, in a way that benefits if it arrives. Fixed rate, long duration, productive assets. The trade has worked for 400 years. It will work for the next 400. Almost nobody will run it, because almost nobody is willing to be the person who took on debt while everyone they know was paying theirs down, which is, as it has always been, the entire reason the people who do run it end up owning everything on the other side.

Took me a minute to figure out the cognitive dissonance on wealth from your favorite socialists. Finally clicked. Commies and politicians scream HOARDING because they have never built a single thing in their lives. Their entire career is spending OTHER people’s money. Builders do the opposite. They create wealth that did not exist before. Out of nothing. So they don’t known any better and it’s all hoarding. World GDP in 1950 was under 10 trillion. Elon jokes about building his way there. He only gets there by hitting insane operational AND market cap KPIs. Targets that would create trillions for the economy and millions of jobs along the way. So Melanie I hope this helps you understand building vs hoarding. Smaug hoarding gold under a mountain. Try flying out and building something instead of milking tax payers dry. You might finally see it.

@DarrigoMelanie You are mistaken and in the minority of people who believe your statement.

This level of wealth hoarding is a mental illness.

@SteveOnSpeed Yes

If you could opt out of Social Security today, but you lose everything that you’ve paid in so far, would you do it? 

@ThisisKyrstin @ErinMondays @MsFinleyLouise It’s not that complex. I’m glad you’re recognizing the true damage of bad policy and politicians.

@ErinMondays @MsFinleyLouise Sorry you’re experiencing this too. It’s a tragedy across the board for everyone. Very complex

10 months pregnant in LA, out for a “relaxing” walk with my 2-year-old… and we get trapped by two Zombies. My heart is pounding, fight-or-flight in full blast is the LAST thing my body needs right before labor. All I can think about is protecting my kids while the city falls apart around us. @MayorOfLA @nithyavraman I voted for you. I defended you. But you’ve lost my trust. Enough. I’m done watching my community live in fear. I’m taking a chance on @spencerpratt - someone who’ll actually demand transparency, accountability, and results. My kids won’t grow up in this hellhole. Time for real change. #LosAngeles

Being a dad is like - earn money to provide but not too much money that ur a workaholic, be a good dad spend time with kid to give mom a break, be a good partner, do the chores that need to get done, don’t get too fat, remember to text your friends every few months