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re: Elon Musk has sold roughly $5 billion in Tesla stock this week, and probably isn’t done
Posted on 11/10/21 at 11:32 pm to BurningHeart
Posted on 11/10/21 at 11:32 pm to BurningHeart
quote:
Combined, the state and federal tax rate will be 54.1%. So the total tax bill on his options, at the current price, would be $15 billion.
"But the rich don't pay taxes"
Posted on 11/11/21 at 6:43 am to Bayou_Tiger_225
quote:
But the rich don't pay taxes
People parrot this dumb shite religiously.
The top 0.1% of earners pay 20% of all income taxes.
The government could confiscate the net worth of every American billionaire and still not pay for spending in Washington.
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