Elon Musk Is Still Bitching and Moaning About Paying Taxes

Last month, Democratic leadership floated the idea of a “billionaire tax” as a way to help pay for Joe Biden’s Build Back Better plan. Based on the fact that, at present, the richest Americans in the world pay basically nothing in taxes as a proportion of their wealth, and frequently pay zero dollars and zero cents in income tax since they are largely paid in stock, the plan proposed taxing them on their annual gains, instead of simply when they sell their stocks and other publicly traded assets. A lot of people didn’t like this idea, and, not surprisingly, the… Read Full Article