
Elon Musk claims that he will pay more in taxes than anyone else in American history this year, The Hill reports.
The Tesla CEO made the remark in response to a tweet from Massachusetts Sen. Elizabeth Warren after she tweeted criticism of the country’s tax code which she called “rigged.”
Warren added in the tweet that the country should change the code in order to force billionaires like Musk to pay their fair share of taxes instead of “freeloading off of everyone else.”
Musk retorted by tweeting “and if you open your eyes for 2 seconds, you would realize that I will pay more taxes than any American in history this year.”
Musk will most likely face a tax bill of up to $10 billion for Tesla stock options that expire in the summer of next year, according to Insider, and so far the billionaire has exercised about 15 million of the 22.9 million Tesla stock options he was given in 2012 but still has 7.9 million options left to sell.
Musk is currently the richest person on the planet with a net worth of $255 billion, according to the Bloomberg Billionaires Index.
{Matzav.com}
Why does Warren Buffett’s secretary pay more in taxes than he does?
Because she makes more than he does. She probably spends more than he does too.
Berkshire Hathaway subsidiary businesses pay billions in corporate taxes annually.
And the he also makes more money than anyone in US history