Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history.
showing Musk and several other billionaires paid no federal income taxes in 2018.Musk could have waited until next year to pay the tax bill, but that would have meant potentially getting hit by higher tax rates under the Democrats' Build Back Better bill.
The Tesla and SpaceX chief has been sparring with prominent Democrats on Twitter lately over the issue of tax avoidance. Last week, he fired back at Senator Elizabeth Warren after she questioned Time Magazine's decision to name Musk its Person of the Year, tweeting: "I will pay more taxes than any American in history this year."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk says he will pay over $11 billion in taxes this yearInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Elon Musk named Time's 2021 'Person of the Year'Tesla Chief Executive Officer Elon Musk was named Time magazine's 'Person of the Year' for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew.
Leer más »
Elon Musk says dogecoin is better to buy things with than bitcoin'Fundamentally, bitcoin is not a good substitute for transactional currency,' Musk told Time Magazine after being named Time's 2021 Person of the Year.
Leer más »
‘Much Higher Potential’—Elon Musk Reveals Why He’s Backing Dogecoin Over Bitcoin And Ethereum Amid Huge Crypto Price CrashElon Musk, the Tesla billionaire who's helped the 'joke' bitcoin rival dogecoin become a major cryptocurrency this year, has outlined exactly why he supports the memecoin over the likes of bitcoin, ethereum and other cryptocurrencies...
Leer más »
Elon Musk says he will pay over $11 billion in taxes this yearInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »