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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]in 2021 Elon Musk’s US PERSONAL US tax bill was $11 billion. The average pay of a Federal Worker is around $100,000. So he pays approximately personally out of his tax bill 110,000 Fed Workers salaries. This is not corporate tax this is his own money. Now around 140,000 people work at TESLA and SpaceX lets say they make 100K each. He created those jobs .Lets say they are in the 20 percent tax rate. So 140,000 by 100,000 is 140,00,000,000 and 20 percent of that is $2,800,000,000 that's paying another 28,000 Fed salaries. So he is paying 138,000 Fed salaries directly or indirectly. Might have messed up math but you get the point. [/quote] https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax What's your source? ProPublica said "In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes."[/quote] So you are using a 2018 source to prove 2021 data? In 2021, Elon Musk paid roughly $11 billion in taxes. This was primarily due to the sale of Tesla stock, including the exercise of stock options, to fund the purchase of Twitter. Musk's 2021 tax bill was a significant amount, potentially the largest ever paid by an individual in a single year. [/quote] DP. Source? Are you really justifying what Elon has done based on the amount of tax he pays? As in a different set of rules apply to rich people? Or rich people get to influence government because they’re rich? The counter to your point, of course, is that $11 billion is only about 2.8% of his total wealth. Many Americans pay a higher percentage of their net worth in annual taxes, but again, that really should be the determining factor in who gets a say in government.[/quote]
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