Elon Musk says treasury should just ‘issue people checks' rather than taxing the rich

TheStreet · Jean Christine · 2026-11-05 16:33 UTC

The richest man alive says we need more than a ‘universal basic income’

Who should pick up the tab when AI starts taking people’s jobs?

Tesla and SpaceX CEO Elon Musk has an answer, and it doesn’t involve the tax code.

It’s a striking stance from the richest man alive, whose net worth hovered near $900 billion on Forbes’ real-time billionaires list in early November.

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