An important warning: you can&#x27;t draw generalized conclusion about rich entrepreneurs by looking at Elon Musk, because he is <i>totally unlike a typical rich entrepreneur</i>. He plays by a completely different book than almost everyone else. He is not in the game to make money, he is in it to fix a few big problems for the whole mankind. His companies are only the vehicles to achieve this goal. SpaceX wasn&#x27;t created because he was looking for a way to make money and found that satellite launches are a market ripe for disruption. It was created because he wants humans to go to Mars, and (after failed attempts to buy ICBMs from Russia) starting a very innovative rocket company was the best way for him to make it happen.<p>I agree that what Elon did would not be possible if he was taxed at 80%. But he is an extreme case. He is an outlier in the outliers group. Most rich entrepreneurs, frankly, don&#x27;t give a shit. The few that do have often tied hands (there&#x27;s only so much you can do if your company has shareholders deciding about stuff). But most don&#x27;t give a shit. Can you imagine, say, CEO of Oracle investing all his wealth to literally force an electric car into market viability because he believes that we need to do something about sustainable energy <i>right fucking now</i>? I can&#x27;t.<p>So maybe that 80% tax would stop an occasional Elon Musk from saving the world. But if it also makes everyone much better off, then maybe it&#x27;s worth it. Especially if it could relax the current economic pressures, so that we wouldn&#x27;t need crazy millionaires going against the market to fix something on this planet.