Yea Jan, US Tax Law favors the self employed to spur risk taking that if successful, creates a ton of jobs. If unsuccessful, you don't normally get the government unemployment support program - except the Covid era programs. It takes a bigger, percentage-wise hit to employees getting paid on W2 paychecks.

Elon is paying this year the highest tax bill in history of $11B but of course... exercising stock options worth 10x more. Yes, the rich do things differently but is dragging the world into the electric car era beyond all odds, worth the tax break to save the environment? Debatable. But remember Tesla was inches from failing so maybe risk takers are worth it....

Btw, giving to a myriad of charities also lowers tax Bill's. So most of these guys are not quite as charitable as they seem. Not sure every random charity has good civic ROI as well.

Thanks Jan. And a belated Happy Birthday to you! You rock...