Birdwatch Note Rating
2022-11-18 19:50:39 UTC - HELPFUL
Rated by Participant: BF874D67C5B7A9AF8110F2C0D7542E4D0001A655EEEA6F89A92F42DD9297EF00
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