Vivek Ramaswamy
๐ค SpeakerAppearances Over Time
Podcast Appearances
And in fact, if you did that for every kid in the country, there's no loss to the country. I don't think that the taxpayer burden, you don't have to increase taxes an iota in order to pull this off. You would find more than a multiple of this in just government waste, excess cutting, bureaucracy at the level I want.
And in fact, if you did that for every kid in the country, there's no loss to the country. I don't think that the taxpayer burden, you don't have to increase taxes an iota in order to pull this off. You would find more than a multiple of this in just government waste, excess cutting, bureaucracy at the level I want.
And in fact, if you did that for every kid in the country, there's no loss to the country. I don't think that the taxpayer burden, you don't have to increase taxes an iota in order to pull this off. You would find more than a multiple of this in just government waste, excess cutting, bureaucracy at the level I want.
And then you get to 18 years old and you got people saying that, you know what, this capitalism thing isn't so bad, actually. And you know, somebody else might have more money than me because then they use that money to start some other tech company or whatever. And I'm happy for that because that still served me as a customer, but I'm bought in. I've got skin in the game.
And then you get to 18 years old and you got people saying that, you know what, this capitalism thing isn't so bad, actually. And you know, somebody else might have more money than me because then they use that money to start some other tech company or whatever. And I'm happy for that because that still served me as a customer, but I'm bought in. I've got skin in the game.
And then you get to 18 years old and you got people saying that, you know what, this capitalism thing isn't so bad, actually. And you know, somebody else might have more money than me because then they use that money to start some other tech company or whatever. And I'm happy for that because that still served me as a customer, but I'm bought in. I've got skin in the game.
I think that that's far better than, I'm not being critical of other people's universal basic income. I get the instinct. But that creates disincentives to work. This is where it's at. Because there, you're still in the income category. You're talking about being an owner. This is true. You're a capital owner. Make it tax free on the growth.
I think that that's far better than, I'm not being critical of other people's universal basic income. I get the instinct. But that creates disincentives to work. This is where it's at. Because there, you're still in the income category. You're talking about being an owner. This is true. You're a capital owner. Make it tax free on the growth.
I think that that's far better than, I'm not being critical of other people's universal basic income. I get the instinct. But that creates disincentives to work. This is where it's at. Because there, you're still in the income category. You're talking about being an owner. This is true. You're a capital owner. Make it tax free on the growth.
And then by that point, when you show up, you are a capitalist in the sense that not just a theoretical sense of it. I'm a capitalist when I'm 18 years old because the country that I grew up into through its economic success was not a source of my envy, but my participation.
And then by that point, when you show up, you are a capitalist in the sense that not just a theoretical sense of it. I'm a capitalist when I'm 18 years old because the country that I grew up into through its economic success was not a source of my envy, but my participation.
And then by that point, when you show up, you are a capitalist in the sense that not just a theoretical sense of it. I'm a capitalist when I'm 18 years old because the country that I grew up into through its economic success was not a source of my envy, but my participation.
And by the way, I better understand that. And I can do the math that tells me that because I started getting a good preschool that taught me how to do math at a younger age rather than get an eighth grade.
And by the way, I better understand that. And I can do the math that tells me that because I started getting a good preschool that taught me how to do math at a younger age rather than get an eighth grade.
And by the way, I better understand that. And I can do the math that tells me that because I started getting a good preschool that taught me how to do math at a younger age rather than get an eighth grade.
So I think that this is achievable. This is not none of what we're talking about here is rocket science. Right. What this requires from a political class is it's not that they lack the intelligence or the ideas. They lack the courage, which is what brings me back to why am I in this game? I do think that people who are willing to lose, if necessary, be willing to lose means that's not your career.
So I think that this is achievable. This is not none of what we're talking about here is rocket science. Right. What this requires from a political class is it's not that they lack the intelligence or the ideas. They lack the courage, which is what brings me back to why am I in this game? I do think that people who are willing to lose, if necessary, be willing to lose means that's not your career.
So I think that this is achievable. This is not none of what we're talking about here is rocket science. Right. What this requires from a political class is it's not that they lack the intelligence or the ideas. They lack the courage, which is what brings me back to why am I in this game? I do think that people who are willing to lose, if necessary, be willing to lose means that's not your career.
It's not your livelihood necessarily. but people who are willing to lose on the power of their ideas can then still stand for their ideas. That's what I think is going to actually- But career politicians won't do that. Yeah, career politicians won't. And this is one of the reasons I like Donald Trump, by the way. He's not a career politician.
It's not your livelihood necessarily. but people who are willing to lose on the power of their ideas can then still stand for their ideas. That's what I think is going to actually- But career politicians won't do that. Yeah, career politicians won't. And this is one of the reasons I like Donald Trump, by the way. He's not a career politician.