- Dec 9, 2009
- Reaction score
- Houston, TX
- Political Leaning
Elon Musk claps back at Elizabeth Warren claim that he paid 'zero' in taxes
Tesla CEO Elon Musk clapped back at Sen. Elizabeth Warren, D-Mass., who claimed that he had paid “zero” in taxes in 2018. Musk cited his multi-billion-dollar anticipated tax bill for 2021.
Tesla CEO Elon Musk clapped back at Sen. Elizabeth Warren, D-Mass., who claimed that he had paid "zero" in taxes in 2018. Musk cited his multi-billion-dollar anticipated tax bill for 2021.
"Elon Musk in 2018, we've actually seen his tax returns," Warren said Sunday. "You know how much he paid in taxes, one of the richest people in the world? Zero."
Musk paid no federal income taxes in 2018, according to a ProPublica report. Musk reportedly lives off of loans he takes from Tesla shares that he owns through stock options.
MUSK SAYS HIS TAX BILL FOR 2021 WAS OVER $11 BILLION
Would someone on the left please explain why what someone else pays or doesn't pay in taxes is so important? Looks to me like Class envy, jealousy and ignorance of what FIT and CIT funds and the actual revenue collected. Musk claims he will pay 11 billion in 2021 and has created thousands of jobs and paid historical dollars in state and local taxes through sales and property taxes. Is there ever going to be enough money collected in taxes to satisfy the liberal spending appetite?
And please stop the liberal bs about tax cuts having to be paid for because tax cuts aren't an expense and there is more than enough FIT and CIT revenue to fund the line items in the discretionary budget they were created to fund