News
Elon Musk shuts down Warren claim that he doesn’t pay taxes
Elon Musk shuts down Warren claim that he doesn’t pay taxes
Tesla CEO Elon Musk took to Twitter on Sunday to slam claims made by Sen. Elizabeth Warren (D-Mass.) about his taxes.
Musk responded to a tweet containing a video of last week’s CNN interview with Warren, during which she says Musk pays “zero” in taxes.
“You know how much he paid in taxes? One of the richest people in the world? Zero,” Warren said.
She added that Musk and Amazon founder Jeff Bezos manage to avoid doing so by using stocks as a workaround.
“And they do this because they’re only being taxed on income. They very cleverly make sure they have no official income,” she added.
Musk refuted the Massachusetts senator’s claims, saying he not only pays taxes but made history with his tax payments last year.
Musk has owed $11 billion in taxes after trading Tesla shares.
“Will visit IRS next time I’m in DC just to say hi, since I paid the most taxes ever in history for an individual last year,” he wrote in a tweet. “Maybe I can have a cookie or something …”
The senator and tech titan have feuded before over Musk’s income, notably in December when he referred to her as an “angry mom” after she accused of him of “freeloading.”
- Top Stories24 hours ago
Remi Tinubu’s Visit: Governor Adeleke’s Wives Clash Over Who First Lady Position(Photos)
- Top Stories20 hours ago
BREAKING: INEC releases final list of candidates for Edo state Governorship Election [FULL LIST]
- Top Stories6 hours ago
Tinubu to embark on official visit to Netherlands today
- Politics6 hours ago
NAFDAC Arrests Fake Cosmetics Producer In Lagos
- Top Stories6 hours ago
Justice Na’abba Reverses Self, Vacates Order Affirming Ganduje’s suspension
- Entertainment6 hours ago
Naira Abuse: Lawyer Denies Appealing Bobrisky’s Conviction
- News6 hours ago
EFCC Speaks On Disobeying Court Order On Yahaya Bello