Finance

Redistributing Elon Musk’s $1 Trillion Fortune Would Likely Give Each U.S. Household Just $1,500. Here’s the Math

On a recent episode of the Peter Schiff Show, economist Peter Schiff took aim at a wealth redistribution proposal floated by Sen. Adam Schiff, using Tesla (NASDAQ:TSLA) CEO Elon Musk as his case study. Adam Schiff pointed to calculations suggesting that $1 trillion could provide roughly $7,500 to...