Birdwatch Note Rating
2021-12-22 02:06:52 UTC - HELPFUL
Rated by Participant: D84A9278D675B4C7168F5563206974971FEABFF87E5D0D81A2B983169E06A7D0
Participant Details
Original Note:
While $11B is a large tax bill, Mr. Musk's effective tax rate has been 3% over the past decade while the U.S. average is 22-24%. https://www.cnbc.com/2021/06/08/bezos-musk-buffett-bloomberg-icahn-and-soros-pay-little-in-taxes.html https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax https://www.oecd.org/unitedstates/taxing-wages-united-states.pdf He does not take any salary, only $TSLA stock and misc. equity, as this tax bill is due to the sale of long-term stock over many years. https://www.bloomberg.com/news/articles/2021-12-15/tesla-s-musk-berates-warren-on-twitter-again-in-spat-over-taxes#:~:text=A%20report%20by%20ProPublica%20in,on%20stock%20options%20he%20exercises.
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