Birdwatch Note Rating
2022-11-18 22:29:58 UTC - HELPFUL
Rated by Participant: 5614EBA5386AA534D2E982EC84146821FEBF947084FA80A3819F5FB1A8EC41F6
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