Elon Musk just REKT Elizabeth Warren (Tax Returns EXPOSED).

oh my gosh folks you are not gonna

believe what is happening between eli

musk and elizabeth warren but more

importantly you are not gonna believe

the dirt that i just pulled up i found

it all by myself i'm very happy about

that okay

this is so exciting

because it's so ridiculous okay okay

okay let's get started with the ludwas

tweet storm and then let's show you the

dirty dirt okay

okay sorry i gotta stay composed here

folks first of all follow me on twitter

at realme kevin and remember there's a

coupon code for my programs on building

your wealth link down below that does

expire after christmas

so we start here with elizabeth warren

let's change the rigged tax code so the

person of the year will actually pay

taxes and stop freeloading off everyone

else by freeloading off of everyone else

elizabeth warren is talking about

credits that companies like spacex and

tesla have received elizabeth warren is

of course reacting to elon musk being

named the time person of the year now

elon musk is about to go on a rampage

which i'll show you in just a moment but

i think it's worth just mentioning for a

moment some of these subsidies that

we're talking about here uh politico

recently did a piece on some of these

subsidies and they talked about how

since 2000 well i mean there's a history

here of subsidies uh but all in all

we're probably sitting sitting somewhere

between five to ten billion dollars in

subsidies for spacex and tesla and a

politico uh in conjunction with an older

i know this is older but 2015 l.a times

sort of expose broke down what some of

these subsidies were for and what i

thought i would do is just add a little

bit of color to these subsidies because

when you actually look at the

the additional research behind these

things start making a little bit more

sense after we go through that we're

gonna go ahead and look at elon musk's

reaction

and we're gonna save the best for last

which is of course the madness of

what we found out about good old

elizabeth warren

okay so let's go ahead and get started

with these credits we'll make this nice

and snappy so uh here's what you got so

in 2012 musk received 5.6 million

dollars in federal estate subsidies to

spacex tesla received about 2.5 million

also in 2012. and these are sort of some

of the initial subsidies just to keep

these companies alive and from going

bankrupt and one of the things to always

remember about these initial subsidies

is they're really an investment by the

government and to the private sector to

hopefully

provide a return to society right that's

why we have a small business

administration so that way businesses

can thrive create jobs employ people and

ideally innovate that's very important

uh and so the la times broke down that

hey look you got solar city making all

these tax breaks and this is a very

important one to remember okay remember

this 30 tax break because the la times

is saying hey look at this you know if

solar city which wasn't bought by tesla

until 2016 bear in mind

but if the la times is putting together

which i hate the ali times by the way

but anyway uh if the le times is saying

hey look tesla's benefiting to the tune

of 1.5 billion dollars because 217 595

customers up through 2015 got tax

credits estimated at 30 percent of an

average of 23 000

per solar system which works out to

about 1.5 billion dollars then wait a

minute this is the government paying for

the benefit of solar city paying for the

benefit of tesla which now owns

solarcity uh and uh basically paying for

for the growth of these companies and

elon musk's net worth right so that's

what the la times is arguing here the la

times is like hey look we subsidize your

customers so we're helping you grow

wealth keep this 30 tax break in mind

okay because the la times is slamming

that tax break and using that tax break

to slam elon musk that becomes very

important in just a moment uh regarding

factory construction they complain that

in new york spent 750 million dollars on

a solar panel factory in buffalo for

solar city tesla will lease it for one

dollar per year no property taxes for a

decade worth about 260 mil now that

information was provided by the la times

i did a little bit more research and i

found out that wait a minute this is a

factory that employs 1500 people it was

built seven years ago so that means you

really paid about seventy one thousand

four hundred dollars per employee for

the last seven years per year okay

that's a lot to build out that facility

but

facilities built probably as a 30-year

useful life

and you've now created 1500 permanent

jobs really important to consider that

right unless the company goes bankrupt

those should be permanent jobs where one

job could lead to two jobs this is also

important because when sometimes when

people hear one permanent job they're

like oh a person's not going to work

there forever right but that spot will

tend to always be filled by some person

again unless the company's going

bankrupt

we can do the same math over here in

that nevada agreed to provide 1.3

billion in incentives to build a massive

battery factor a factory in nevada one

of the the battery gigafactories for

tesla this is true but folks this is a

gigafactory that employs 7 000 people

that's about 31 000 per employee per uh

for the first six years and now it's

paid for uh at

what that's even a better deal than what

you saw in new york right and now you've

got permanent jobs permanent gdp

creators like this is a really good

investment for the government and we'll

do some more comparisons in just a

moment and we're going to talk about the

hypocrisy of government spacex has

received 20 million dollars in subsidies

uh from texas to build a facility there

but guess what it's turned into so this

is what the elite the la times

complained about the green part here but

now guess what this is a company with 9

500 employees in texas and elon moved

there come on folks that was a smart

decision for texas to do that attracting

more people to texas these are smart

investments you can't bag on tesla

if anything you should be applauding

tesla for taking the subsidy and

actually making something out of it same

thing with spacex you know then you got

the li times complaining that oh but

spacex is also receiving grant funding

or government contract money not

necessarily grant funding but government

contract money from nasa or air force or

the air force yeah

so

if they didn't get it then blue origin

would get it or lockheed martin would

get it or or who knows uh rocketdyne or

any of these other companies right

there's so many different companies uh

that that could be getting these

subsidies so it's kind of like hey

don't get so angry about these credits

anyway we'll keep going take a look at

this uh oh then they complain about of

course the vehicle credits and tax

credits and rebates that buyers get for

tesla vehicles we know that but folks

what else do we also know and these were

just some sort of notes that i made and

then we're going to get to the big old

hypocrisy and elon musk's response

elon musk has taken these credits and as

chauffeur or basically chauffeured in an

ev revolution you get the first u.s

company here to get to mass scale

battery production and not go bankrupt

in the 20th century 21st century now of

course but since the 20th century middle

20th century you've got a battery

revolution that's been ushered in by

elon musk especially home storage you've

got reusable rockets to get to space and

bring satellites to space which we've

never had before now you've got

companies with over 70 000 employees at

tesla with over

9500 spacex employees you've got an ev

race and a self-driving and autonomous

driving race that has really been

started by tesla now in fairness

companies like mobile i have been

working on this technology for a while

but wait a minute

tesla popularized it i mean what company

can you go out there right now and buy a

car with the

full self-driving beta that

tesla has and not be trapped on uh you

know in an individual city like waymo or

whatever it doesn't exist like these are

this is a frontier freaking company

right

at the same time

now

the hypocrisy folks

elizabeth warren is bashing elon musk

suggesting that he is a freeloader so

elon musk is a freeloader for creating

all these jobs and all these innovations

elon musk is the freeloader

at the same time elon musk makes it

clear that wait a minute if you opened

your eyes for two seconds you would

realize i pay more taxes than any

american in history this year in history

that ever has elon musk is going to pay

more taxes than any american has ever

paid before

and he says don't spend it all at once

oh wait you already did

uh then

she elon musk kind of goes on a tweet

storm here it says stop projecting about

eliza any quotes sort of fox news

article about elizabeth warren being a

fraud about our lives about being a

native american i'm not going to go into

that fox news article we're going to go

into something else but elon musk does

continue with you remind me of when i

was a kid and my father's or my friend's

angry mom would just randomly randomly

yell at anyone or everyone for no reason

please don't call the manager on me

senator karen senator karen then ended

up going trending but not only that

folks it gets

worse

okay

you have

[Laughter]

if you go

google elizabeth warren and you go to

her campaign website folks

this is what she's using to beg for

donations

100 clean energy for america please

donate

seriously

so

you're the kind of politician who wants

to beg for donations

to help companies go green and to help

america go green

yet now

you're falsely accusing a pioneer in

green energy

of being a freeloader

elizabeth warren

you're the fraud you know what they say

you point one finger three fingers point

back at yourself so stop pointing the

finger at elon but wait but wait a

minute not only are you requesting

donations

from people on the premise that you're

going to help america become 100 clean

in terms of energy folks it gets more

ridiculous and i found this myself

because i decided to go through

elizabeth warren's tax returns

i went through her tax returns and you

won't believe this one okay

in her 2018

i found her tax return and in 2018 look

at what we have here residential energy

credit bruce and elizabeth warren taking

a 30

tax credit on their 46 452 solar system

that's a 13 936 dollar 30 credit which

is the same exact credit the liberal

leaning leftists at the la times were

complaining about the same 30 percent

that they're saying is propping up a

company now owned by tesla solar city

that the li times is complaining about

which people like elizabeth warren get

introduced into law

the same liberals who are complaining

about elon building a company

using

this the same credit

is being used

by elizabeth warren

so

it's like wait a minute

i think thou protests too much

like you can't you can't be

on this side of hey donate to me i'm

going to make the world green and i'm

going to let people use credits to make

the world go green donate to me and i'll

campaign for that in congress and then

on the other hand complain

that people are using the credits

that

meanwhile you're using the credits as

well

and to complain that elon musk isn't

paying any taxes when that's not even

remotely true

that's just asinine that's just dumb but

not only is that dumb consider this

who spends money better folks

and i'm not saying we don't need any

government but who spends money better

the government

or the free market well let's just do a

comparison for a moment

just round one of the paycheck

protection program cost four thousand

seven hundred seventy nine dollars per

week to keep one person employed

and they kept one person employed for

eight weeks through the ppp program four

thousand seven hundred seventy nine

dollars per week

even if you doubled the tesla and spacex

credits that articles say they've

received and you rounded to ten billion

dollars in subsidies divided by the

somewhere around 80 85 000 employees

that spacex and tesla have

that's a spend rate of just 2 250 per

week to create a permanent green job

so the spend rate per week to keep a job

is basically two times as expensive at

the government to keep a private sector

job than when the private sector tries

to keep a private job

that's two times the spent that means

the government wastes

exactly as much as the private sector

uses to create a permanent job

that's insane

so when you make this sort of like when

you actually go through the details and

you make these comparisons about how

yeah sure the government made

investments they offered tax credits

they offered rebates they offered

partnerships they made investments to

get people to move to texas to move to

nevada to to create jobs in new york or

buffalo or whatever

things that apparently aren't realized

or appreciated by people like elizabeth

warren who are more than willing to take

the tax credits

that liberal leftists are using to

complain about capitalists

helping people take advantage of

that's insane it's backwards it's insane

it's dumb it's frustrating elizabeth

warren you are a hypocrite you should

get off elon musk's back or at least do

some proper research before you start

spewing crap