Birdwatch Note Rating
2022-11-18 19:50:39 UTC - HELPFUL
Rated by Participant: 7D351ED975915E5AEE6C65D92FF39F3F6F4B9CB7640C392BAE38F771C58CE1F7
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