Elon Musk took to his official Twitter account on Saturday to announce a “poll” to decide whether he should sell 10% of his shares in Tesla Inc. in order to pay taxes. In a sarcastic article on Saturday, November 6, Tesla and SpaceX CEO Musk offered to sell shares in his electric vehicle company 9EV in response to the Democratic plan recently proposed by US President Joe Biden to levy taxes. on top billionaires including Musk, Amazon founder Jeff Bezos and Facebook founder Mark Zuckerberg and 700 others. “There has been a lot of talk lately about unrealized gains being a means of tax evasion, so I am proposing to sell 10% of my Tesla shares,” Tesla chief executive said on Twitter, adding: “I will respect the results. of this poll, however it is.

The savage remark by the world’s richest man, Musk, appeared to mock the US billionaire’s so-called tax proposal in one of US President Biden’s biggest “Build Better” infrastructure packages in Canada. $ 2,000 billion in US history, approved by Congress earlier yesterday. . Domestic policy aims to implement a “billionaires tax,” an estimated 23.8% tax rate on long-term capital gains on marketable assets for big US tech giants. The tax would be levied on any billionaire who earns more than $ 100 million a year. Speaking to his 62.5 million Twitter followers on Saturday, Musk asked for majority public opinion to decide the fate of a large chunk of his Tesla holdings in the fourth quarter.

Musk reacts to report claiming he “doesn’t pay a single dime in federal income tax”

To Code [tech] Speaking in September, the SpaceX boss delivered a scathing rebuttal to ProPublica’s recent talk about how America’s biggest billionaires, including Musk, Jeff Bezos, and Warren Buffett, avoided millions in taxes. The investigative report released by the nonprofit Newsroom found that in 2007 Jeff Bezos, then multi-billionaire and now the richest man in the world, did not pay a dime in federal tax on income, as well as Tesla founder Elon Musk, the second richest person in the world. the world also did not pay federal income tax in 2018.

Musk criticized the tax claims, saying the report contained “a lot of very misleading stuff,” adding that he was not “actually getting a salary” from his companies. “My cash compensation is next to zero,” said the CEO of Tesla, while acknowledging that he holds billions of dollars in stock options in Tesla and SpaceX. Musk said at the time that he would have to pay more than 50% in taxes when he decides to sell those shares in the near future.