Tech billionaire Elon Musk traded barbs once more with progressive senators on taxation after Senator Elizabeth Warren accused him of freeloading.
“And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year,” replied Musk in twitter.
The exchange comes as Musk is on course to sell 10% of his stock in Tesla with a value of approximately $18 billion this year, after putting the sale up for a poll among his followers.
Previously Musk had goaded Senator Bernie Sanders saying he was a “taker not a maker.”
According to Musk taxes are best applied to extravagant consumption and real estate, viewing taxes on capital allocation as detrimental to the economy. In 2021 Tesla moved from California which ahs the highest income tax in the United States to Texas which has no income tax.
(By Staff)
