Birdwatch Note Rating
2024-06-13 01:09:42 UTC - HELPFUL
Rated by Participant: F534E5CF50956F46D552557DA032F7772396A489CEBA199F038DD8C8A2AC3747
Participant Details
Original Note:
Elon Musk paid $11 Billion in taxes in 2021. https://www.barrons.com/amp/articles/elon-musk-tesla-stock-sales-tax-deduction-51651267518 Jeff Bezos paid $972 Million between 2014-2018. https://finance.yahoo.com/news/billionaires-jeff-bezos-elon-musk-164830206.html Wealth includes value of assets, and since asset value is not considered income until the sale of assets then it cannot be including in taxable income. https://finance.yahoo.com/news/billionaires-jeff-bezos-elon-musk-164830206.html
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