Birdwatch Note Rating
2022-11-19 01:45:07 UTC - HELPFUL
Rated by Participant: DB9E93D2BDC6BC09880ABCA9BCD4AEE57C5B7CBFA788D1BFDA7434E80FA919ED
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