Show notes
Billionaires in the News: We start with Elon Musk’s dumb online behavior and decide we’re never going to talk about his tweets again. A little about Trump and Gislaine Maxwell. The Lincoln Project and the end of history.Billionaire #1: (22:15) Mark Zuckerberg 10/10!!! on the David Koch Memorial Asset Liquidation Index (DKMALI)We only discuss what Zuck has been doing during Coronavirus, which is mainly pretending to surf, making the pandemic worse, and trying to colonize Hawaii. Billionaire #2: (59:25) Randa Duncan Williams 5/10 on the DKMALIRanda is one of four siblings who are pretty anonymous. They all inherited their money from their father, who was an extractive industries billionaire. The thing that they are collectively known for is that they were the first people in modern history to not pay any estate tax when their father died. Joe explains why. We then get into the estate tax, why it exists, and why so many people hate it. Some info on the estate tax if you want to know more:https://www.google.com/amp/s/amp.theatlantic.com/amp/article/545633/https://www.taxpolicycenter.org/briefing-book/how-many-people-pay-estate-taxhttps://www.businessinsider.com/death-tax-or-estate-tax-2017-10https://www.forbes.com/sites/taxanalysts/2016/03/31/face-it-americans-just-dont-like-the-estate-tax/#21e2ba8522bdZuckerberg and Hawaiian colonization:https://www.theguardian.com/technology/2017/jan/23/mark-zuckerberg-hawaii-land-lawsuits-kauai-estatehttps://www.theguardian.com/technology/2017/jan/23/mark-zuckerberg-hawaii-land-lawsuits-kauai-estatehttps://himonarchy.weebly.com/the-great-mahele.htmlhttps://petitions.whitehouse.gov/petition/stop-mark-zuckerberg-colonizing-kauaihttps://www.theguardian.com/us-news/2019/jan/17/mark-zuckerberg-hawaii-estate-kauai-land-rights-dispute
