Entrepreneur Elon Musk, head of US companies Tesla and SpaceX, intends to pay taxes of more than $ 11 billion this year, he wrote on his Twitter page.
“For those wondering: I will pay over $ 11 billion in taxes this year,” the entrepreneur wrote.
Earlier this year, a publication on the ProPublica portal with data on the amount of income tax paid by American billionaires led to calls for introduction of a wealth tax and was the subject of an investigation by the U.S. Internal Revenue Service.
Billionaires’ wealth has grown because of the pandemic
The portal, known for its investigative journalism, claims that the income tax paid by the richest Americans between 2014 and 2018 was only a few percent of the total growth of their wealth.
For those wondering, I will pay over $11 billion in taxes this year
— Elon Musk (@elonmusk) December 20, 2021
Musk’s fortune has increased by $ 13.9 billion in five years its revenues reached 1.52 billion dollars, and income tax – 455 million dollars.
Musk paid 3.27% tax on the amount by which his fortune increased. Although there are no legal claims against the billionaire, the publication of this information has caused a wide public response in the United States.
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