Elon Musk's Tax Bill Wasn't a Surprise; We Just Weren't Paying

Dec 15, 2021  · The numerous stories about Elon Musk’s huge stock sale have all managed to miss a critical point — almost all of this was avoidable. As recently as December 2019, Musk …


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Elon Musk’s US Tax Bill: $11 Billion. Tesla’s: $0 | CNN Business

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Feb 10, 2022  · Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently …

cnn.com

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A Perfect Storm Has Elon Musk Paying $11 Billion In Tax

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Dec 28, 2021  · Musk had won the Twitter war. On paper, he will pay over $11 billion in tax this year, just as he said. But Musk’s tax situation hardly rates as “super simple,” as he also says. …

inequality.org

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Why Elon Musk Will End Up With An $11 Billion Tax Bill This Year

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Dec 20, 2021  · When he exercises the options, the value of the newly purchased shares are taxed as income — a 40.8% rate for someone in Musk’s tax bracket. And that is where the …

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Tesla Will Pay $0 Federal Tax Despite Elon Musk’s $11B Personal Bill …

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Feb 11, 2022  · Tesla will pay $0 in federal corporate income tax despite reporting a record high profit for the year 2021 and CEO Elon Musk paying $11 billion in personal income tax. Tesla …

observer.com

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How Much Does Elon Musk Pay In Taxes? Musk, World's Richest …

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Dec 29, 2021  · With a top tax rate of 40.8%, he faces of a federal tax bill of about $10.7 billion from the exercise of these shares. MORE | Time magazine Person of the Year 2021 is Tesla, …

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How Much Did Elon Musk Pay In Taxes This Year? - Market Realist

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Jul 25, 2022  · Elon Musk, for example, the world’s richest person, didn't pay any taxes at all in 2018, and in 2015 and 2017, he paid just $68,000 and $65,000, respectively, in federal taxes. …

marketrealist.com

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Elon Musk Tax Bill May Be Record $12 Billion Amid Elizabeth …

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Dec 16, 2021  · Elon Musk might pay the largest tax bill in US history in 2021, at around $12 billion. Sen. Elizabeth Warren accused him of not paying taxes. In the past, he's used legal …

businessinsider.com

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Elon Musk Claimed He Owed $11 Billion In Taxes In 2021 - Market …

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May 2, 2022  · Tesla’s CEO and soon-to-be Twitter owner Elon Musk claimed that he would pay $11 billion in taxes in 2021, which would have been the highest ever tax paid in a year by any …

marketrealist.com

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Elon Musk Explains His Extremely Low Tax Rate – The Hill

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Jun 14, 2021  · Musk, known to some as a progressive innovator, reportedly paid less than $70,000 in federal income taxes between 2015 and 2017 and paid nothing in 2018 — despite …

thehill.com

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Elon Musk Says He'll Be Paying $11bn In Tax This Year - BBC

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Dec 20, 2021  · Elon Musk, the world's richest person, has tweeted he will pay $11bn (£8.3bn) in tax for this year. Mr Musk has been embroiled in a public debate on social media over how …

bbc.com

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Elon Musk’s $11B Tax Bill – Here’s Why He’s Paying So Much

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Dec 21, 2021  · Elon Musk says his tax bill this year will be $11 billion, and he's probably right: The filings he has made with the Securities and Exchange Commission about his recent stock …

wraltechwire.com

FAQs about Elon Musk's Tax Bill Wasn't a Surprise; We Just Weren't Paying Coupon?

Will Elon Musk pay $11 billion in taxes?

Find comments in their new home! Click the buttons at the top or within the article to view them — or use the button below for quick access. Elon Musk said he will pay $11 billion in taxes, responding to comments made by Sen. Elizabeth Warren. ...

What happened to Elon Musk's stock options tax liability?

Until very recently, these articles all managed to miss a crucial point: With every new 52-week high that Tesla experienced, Musk’s stock options tax liability grew. The total cost to exercise his original performance award grew from $1 billion in early 2020, to $10 billion by mid-2021. ...

Will Elon Musk need to sell billions of Tesla shares?

“If ‘tax the wealthy’ happens (which it won’t), then Elon Musk would need to sell billion dollars worth of Tesla shares,” tweeted Pranay Pathole, an Indian engineer whom Musk often interacts with on Twitter. “This would be awful for the stock price and could hurt a lot of retail shareholders.” ...

Did Elon Musk leak his tax return?

A ProPublica report divulged leaked tax returns from big-time billionaires. Elon Musk wasn't immune. What does his tax return show? Following a high-stress tax season, many Americans are fed up with billionaires' legal maneuvers through tax loopholes. ...

How much did Elon Musk buy his stock options for?

As recently as December 2019, Musk could have purchased his stock options for $1 billion. With a bit of diligent planning starting in 2014, he could have picked up his stock options for as little as $600 million. For reasons unknown, he failed to exercise his stock options earlier, and instead saw his tax liability rise 10x since the start of 2020. ...

Is Elon Musk a billionaire?

Tesla and SpaceX CEO Elon Musk lives very modestly by billionaire standards. Filip Singer-Pool/Getty Images A bombshell investigation of newly uncovered IRS data by ProPublica on Tuesday revealed that Elon Musk, along with more of America’s top billionaires, paid very little income tax in recent years. ...

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