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Sen. Elizabeth Warren says billionaires should pay more taxes to help the ‘next Elon Musk’

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Elon Musk and fellow billionaires should pay it forward in taxes to support the next generation of entrepreneurs who can make a difference, Sen. Elizabeth Warren, D-Mass., told CNBC on Tuesday.

“I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own. He got huge investments from the government, from taxpayers, from those public school teachers and those minimum wage workers who’ve been paying their taxes all along to get that business up and running and help see it through rough times,” Warren said on “Squawk Box.”

The Massachusetts Democrat was referring to the billions of dollars in U.S. government grant funding, subsidies and incentives that for years…



Source cnbc.com

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