# Bo Knows Cars "Why we need the top 1%" 8-15-26

Page: https://stenobird.com/podcast/bo-knows-cars-7078510/bo-knows-cars-why-we-need-the-top-1-8-15-26
Text version: https://stenobird.com/podcast/bo-knows-cars-7078510/bo-knows-cars-why-we-need-the-top-1-8-15-26.md
Podcast: [Bo Knows Cars](https://stenobird.com/podcast/bo-knows-cars-7078510)
Published: 2026-08-16T16:21:00+00:00
Episode link: https://www.spreaker.com/episode/bo-knows-cars-why-we-need-the-top-1-8-15-26--74785376
Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/74785376/8_15_26_show.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bo-knows-cars-7078510/episodes/bo-knows-cars-why-we-need-the-top-1-8-15-26
Duration seconds: 2653

## Resource

*Alpha-Gal...why is everyone getting this now? engineered possibly? *Trump economy roars....factory construction, wages soaring....there are 83,000 construction workers building factories right now...unprecedented number *There has always been an affordability crisis. One of the keys is to spend less than you make and you build wealth. Do you really need that $8 Frappuccino daily or the latest iPhone or to eat out daily? The money you save now compounds to significant income later earning interest as you go. Save it! *Capitalism built America and our economy. Socialism doesn't work and never has. *More and more proof of voter fraud and election fraud in 2020 election. *Liberals love to blame the top 1% ....those "rich, greedy, insatiable billionaires who are ruining all our lives". Let's really look at the top 1% to see their impact. Elon, the world's richest man, is worth to close to a trillion dollars. 99.9% of his wealth is tied to the valuation of his companies. He didn't get rich by stealing your rent money, hoarding cash or plundering your 401k...he built companies that revolutionized digital payments, electric cars, AI, and space travel. And 4,400 of his current and former employees became millionaires themselves! Imagine the top 1% vanishes....no electric cars, no SpaceX, no digital payments, no STarlink, no Amazon deliveries, no Uber, no Netflix, no Google, No AI, no iPhones, no chatbots, no Microsoft Office, no personal computers, no social media....and you'd also miss 2.3 million jobs that the top 12 billionaire job-creators are responsible for. Also, the to 1% pay 40.4 % of U.S. federal income tax revenue...without your taxes go up? *Now imagine the bottom 1% disappears. The bottom 50% of earners pay just 3.3% of all federal income taxes and double the rate…

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## Transcript

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