It has been said before, but it bears repeating: the elderly who’ve worked their entire lives to get $800 a month on Social Security aren’t bankrupting America. It’s tax-evading billionaires like Trump who are bleeding this country dry.
Why Elon Musk will end up with an $11 billion tax bill this year
Elon Musk says his tax bill this year will be $11 billion, and he’s probably right: The filings he has made with the Securities and Exchange Commission about his recent stock trades back up that massive number.
@botolo86@Strandjunker 2.5% of his fortune when from 2021 increased by 25% (300 billions to 400 billions). I am sorry but i am pretty sure that he can survive without this 10 billions.
@ngrbdx@Strandjunker sure. I was just arguing that so far none of the popular billionaires have been proved to be tax evaders (like OP said) and that some of them (Musk) has been paying a hefty amount of taxes. He paid an amount of taxes comparable to the entire amount of federal taxes collected by all citizens of the state of Idaho https://en.m.wikipedia.org/wiki/Federal_tax_revenue_by_state
@botolo86@Strandjunker i am not sure but what is the total fortune of the idaho people? I am pretty sure that it is not exactly the same amount than musk. His percentage of taxe that he paid is a lot less than a normal people. That a billionaire in absolute is paying more taxes than regular people is normal. At the end of the day he still have millions in his bank account.