Why Elon Musk says he’ll pay $11billion in taxes this year
● Why Elon Musk says he’ll pay $11 billion in taxes this year
● He tweeted saying he’ll make sure he pays over $11 billion in taxes
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The world’s richest billionaire has come under several criticisms from many Americans for not paying taxes for years. Most of his critics are mostly socialists.
The billionaire after facing unbearable criticisms announced he was going sell a percentage of his Tesla stock. He days later fulfilled that promise. Elon Musk sells $5 billion of Tesla stock
He also said last week that he was going to pay more taxes than any American in history before 2021 ends. He had earlier revealed that the only way he could pay taxes was through selling stock but it appears he really want to fast track procedures to prove his critics wrong.
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“For those wondering, I will pay over $11 billion in taxes this year” the billionaire posted on his twitter page. He’s currently the richest man on the planet with over 300 billion United States dollars at his disposal. United Nations had earlier said just a minute percentage of his wealth could solve world hunger. Read more
Source: News247gh.com
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