Photo: BRITTA PEDERSEN / AFP / Getty Images
For: Luis Diaz
Saturday, November 23
Elon Musk will have to pay more than $ 11 billion in taxes in 2021
Elon Musk announced that he will pay more than $ 11, 000 million dollars in taxes this year. Through a post on his Twitter profile, the tycoon said he will face the largest tax bill of “any American in history.”
Earlier this year, the Tesla CEO and founder of SpaceX became the first person in the world to achieve a net worth of more than $ 300, 000 millions of dollars.
For those wondering, I will pay over $ 11 billion in taxes this year
– Elon Musk (@elonmusk) December 16, 2021
Last week, after Musk was named “Person of the Year” by Time magazine, Senator Elizabeth Warren tweeted that the United States should change the “manipulated tax code so that Person of the Year pa Get taxes and stop taking advantage of everyone else. ”
The tycoon did not take long to respond to the Democratic senator saying that if he “opened his eyes for 2 seconds , you would realize that I will pay more taxes than any American in history this year. ”
And if you opened your eyes for 2 seconds , you would realize I will pay more taxes than any American in history this year
– Elon Musk (@elonmusk) December 14, 2021
Since the beginning of the presidential term of Joe Biden, the Democrats have sought that the richest and the largest companies in the country pay the taxes that correspond to them, since is not collecting all that the country needs .
The economic crisis that the pandemic has left has exposed the great social inequality that prevails in the country. For this reason, the Democrats and the White House have launched a social plan that seeks to reduce inequality gaps throughout the country.
To implement this plan, the richest people are required to pay fair taxes according to their annual earnings. In this sense, Elon Musk has openly refused the Democrats’ proposal. He’s even had a heated debate in recent months with Socialist Senator Bernie Sanders.
In April, SpaceX won the exclusive NASA contract to take astronauts to the moon for the first time since 1972. In May, Musk hosted an episode of the influential television show Saturday Night Live. In October, car rental giant Hertz announced that it planned to add 80, 000 Tesla to his fleet .
Earlier this month, in an interview with The Wall Street Journal, Elon Musk stated that the infrastructure bill promoted by the administration from President Joe Biden, represents a gigantic investment.
“You can’t spend $ 3 billion more than you earn each year, if you don’t cut public spending, something really bad is going to pass, ”he explained. “This is crazy. Our spending is above income. It’s crazy. As if you could eliminate all the billionaires in the country, that would still not solve the deficit. ”
You may also be interested in: Why Elon Musk is selling Tesla shares again