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Elon Musk defends himself on Twitter against planned wealth tax in the USA

Tesla boss rages on Twitter: Elon Musk fears wealth tax – he has a much better plan with his money

The Democrats in the United States are calling for higher taxation, which should primarily hit the richest men in the country. Elon Musk reacts promptly on Twitter and shares his own plan with his money.


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According to a proposal by the Democrats, billionaires in the USA should dig deeper into their pockets in the future. So far, men like Elon Musk or Jeff Bezos have paid rather low taxes given their wealth.

The new demand for a taxation of unrealized investment income wants to break with this practice, as “Business Insider“reported.

Billionaires are also said to pay taxes on wealth

According to this, billionaires should also pay taxes on their assets in the future and not only, as before, on realized investment income such as profits from the sale of shares.

According to Nancy Pelosi, spokeswoman for the United States House of Representatives, this could bring $ 200 billion to $ 250 billion into the coffers of the state, according to the news channel “CNBC“reported.

Critics, on the other hand, consider these plans to be unrealistic and assume that the super-rich would then steer their wealth even more into opaque structures.

Book tip: Elon Musk

Tesla, SpaceX, and the Quest for a Fantastic Future


Elon Musk rages on Twitter: I know how to use my money much better

The richest people in the country would be particularly affected by this reform. The richest of them has already protested on Twitter. Elon Musk is furious that he could use his money for a much better cause and thus save humanity.

Musk responded on Twitter to an article in the Washington Post newspaper that said the ten richest Americans were particularly hard hit by the wealth tax.

His answer was short and sweet: “My plan is to use the money to bring mankind to Mars and thus preserve the light of consciousness” – also a view of how one can save the world.



Elon Musk is according to a report of the “Daily Mail“Currently the richest man in the world and in history with a net worth of around 253.8 billion US dollars. In several tweets in the past few days, he expressed himself negatively about the planned wealth tax of the Democratic Party.

Net worth rose $ 36 billion in one day

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