Birdwatch Note Rating
2022-11-18 21:42:11 UTC - HELPFUL
Rated by Participant: 29927B07D0EE89F19DED97265F0CA9DFAD51148414C6C9DEC592E21DF90DCACF
Participant Details
Original Note:
Musk pays taxes on income the same as everyone else pays taxes on income. His net worth is largely unrealized assets, like stocks. When he actually makes those assets liquid, he pays a significant tax: ~55% between the feds and California on what he cashed in to buy Twitter. https://reason.com/2022/04/26/no-elon-musk-didnt-pay-a-3-27-percent-tax-rate/ https://www.forbes.com/sites/siladityaray/2021/12/20/elon-musk-claims-he-will-pay-more-than-11-billion-in-taxes-this-year/
All Note Details