Politically, Musk has described himself as “half Democrat, half Republican” and “I’m somewhere in the middle, socially liberal and fiscally conservative.”
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In 2018, he stated that he was “not a conservative.
I’m registered independent [and] politically moderate.” Prompted by the emergence of artificial intelligence, Musk has voiced support for a universal basic income; he additionally backs direct democracy and has stated he thinks the government on Mars will be a direct democracy.
He has described himself as a “socialist”, but “not the kind that shifts resources from most productive to least productive, pretending to do good, while actually causing harm”—arguing instead, “true socialism seeks greatest good for all”, but later clarified not to take this tweet too seriously.
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He supports targeting an inclusive tax rate of 40%, prefers consumption taxes to income taxes, and supports the estate tax, as the “probability of progeny being equally excellent at capital allocation is not high.”
In an interview with The Washington Post, Musk stated he was a “significant (though not top-tier) donor to Democrats,” but that he also gives heavily to Republicans.
Musk further stated that political contributions are a requirement in order to have a voice in the United States government.
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