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To: SunkenCiv
...Musk's wealth grew by $13.9 billion between 2014 and 2018 and he reported total income of $1.52 billion, or 10.94% of this wealth, and paid $455 million, or 3.27% of his wealth.

Misleading and a little silly. When one pays income tax, you pay tax on income not wealth. It looks like Musk paid about 1/3 of his income in taxes between the years stated. Hardly a scandal.

11 posted on 06/08/2021 11:39:46 AM PDT by Blennos ( )
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To: Blennos
Misleading and a little silly. When one pays income tax, you pay tax on income not wealth. It looks like Musk paid about 1/3 of his income in taxes between the years stated. Hardly a scandal.

Correct.
The whole article is an exercise in manufactured outrage and fake news. Not to mention breaking the law by illegally obtaining the tax returns of 0privateindividuals.

19 posted on 06/08/2021 12:43:27 PM PDT by SmokingJoe
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To: Blennos

Yep


31 posted on 06/12/2021 2:07:59 PM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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