{"id":1128129,"date":"2021-12-17T10:14:09","date_gmt":"2021-12-17T15:14:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1128129"},"modified":"2021-12-17T10:14:12","modified_gmt":"2021-12-17T15:14:12","slug":"i-will-pay-more-taxes-than-any-american-in-history-this-year-elon-musk-obliterates-elizabeth-warren-with-one-tweet","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/i-will-pay-more-taxes-than-any-american-in-history-this-year-elon-musk-obliterates-elizabeth-warren-with-one-tweet\/","title":{"rendered":"\u2018I Will Pay More Taxes Than Any American In History This Year\u2019: Elon Musk Obliterates Elizabeth Warren With One Tweet"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">40<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fi-will-pay-more-taxes-than-any-american-in-history-this-year-elon-musk-obliterates-elizabeth-warren-with-one-tweet%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1128129&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In response to Senator Elizabeth Warren\u2019s accusation of \u201cfreeloading,\u201d Tesla and SpaceX CEO Elon Musk argued that he will pay more taxes than \u201cany American in history\u201d this year.<\/p>\n<p>\u201cLet\u2019s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,\u201d tweeted Warren in response to the announcement that Musk is Time\u2019s Person of the Year.<\/p>\n<p>\u201cAnd if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year,\u201d responded Musk.<\/p>\n<p lang=\"en\" dir=\"ltr\">And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1470898920146542592?ref_src=twsrc%5Etfw\">December 14, 2021<\/a><\/p>\n<p>\u201cDon\u2019t spend it all at once \u2026 oh wait you did already,\u201d <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1470899663087747072\">added<\/a> Musk.<\/p>\n<p>In response to the same thread, Musk shared an article referencing Warren\u2019s \u201clies about being Native American,\u201d alongside the tweet, \u201cStop projecting!\u201d<\/p>\n<p>\u201cYou remind me of when I was a kid and my friend\u2019s angry Mom would just randomly yell at everyone for no reason,\u201d Musk continued. \u201cPlease don\u2019t call the manager on me, Senator Karen.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Please don\u2019t call the manager on me, Senator Karen \ud83d\ude4f<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1470858546153762819?ref_src=twsrc%5Etfw\">December 14, 2021<\/a><\/p>\n<p>While Musk\u2019s accusation of Warren\u2019s \u201cKaren\u201d status may be up for debate, he could well be telling the truth about paying more taxes than any American in history this year.<\/p>\n<p>\u201cThat\u2019s because the Tesla CEO has been exercising a large number of options this year \u2014 and still has more to go,\u201d explained <a href=\"https:\/\/www.businessinsider.com\/elon-musk-says-pay-more-taxes-than-any-american-ever-2021-12\">Business Insider<\/a>.<\/p>\n<p>\u201cThe world\u2019s richest person and chief executive officer of Tesla Inc. could face a tax bill of more than $10 billion for 2021, if he exercises all his options due to expire next year,\u201d reported <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-12-15\/tesla-s-musk-berates-warren-on-twitter-again-in-spat-over-taxes\">Bloomberg<\/a>. \u201cWhile it\u2019s hard to say whether that would be a record \u2014 the Internal Revenue Service doesn\u2019t publicly reveal individual tax filings \u2014 it would certainly rank as one of the biggest payments of all time.\u201d<\/p>\n<p>\u201c\u200b\u200bMusk faces the unusually high tax bill after exercising almost 15 million options and selling millions of shares to cover the taxes related to the transactions,\u201d Bloomberg added.&nbsp;<\/p>\n<p>This all follows the move by Musk in November to poll his Twitter followers, asking whether he should sell 10% of his stock holdings in the electric car company. The final results of the poll were 57.9% in favor, and 42.1% in opposition, with over 3.5 million votes cast.<\/p>\n<p>\u201cMuch is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,\u201d Musk tweeted at the time. \u201cDo you support this?\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.<\/p>\n<p>Do you support this?<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1457064697782489088?ref_src=twsrc%5Etfw\">November 6, 2021<\/a><\/p>\n<p>\u201cI will abide by the results of this poll, whichever way it goes,\u201d Musk added later. \u201cNote, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.\u201d<\/p>\n<p>Tesla\u2019s share price fell by 5% in early morning trading following the news.&nbsp;<a href=\"https:\/\/www.cnbc.com\/2021\/11\/07\/elon-musk-faces-a-15-billion-tax-bill-which-is-likely-the-real-reason-hes-selling-stock.html\">CNBC<\/a> also reported that Musk may be facing a tax bill of more than $15 billion in the coming months in relation to stock options, and that \u201cthe looming tax bill makes a sale of Tesla stock this year likely regardless of the outcome of the Twitter vote.\u201d<\/p>\n<p>In October, Musk openly <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1452792781726961668\">criticized<\/a> the tax proposals being pushed by Sen. Ron Wyden (D-OR), saying, \u201cEventually, they run out of other people\u2019s money and then they come for you.\u201d<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<a href=\"https:\/\/www.dailywire.com\/subscribe\"> member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to Senator Elizabeth Warren\u2019s accusation of \u201cfreeloading,\u201d Tesla and SpaceX CEO Elon Musk argued that he will pay more taxes than \u201cany American in history\u201d this year.\u201cLet\u2019s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,\u201d tweeted Warren in response to the announcement that Musk is Time\u2019s Person of the Year.\u201cAnd if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year,\u201d responded Musk.And if you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year\u2014 Elon Musk (@elonmusk) December 14, 2021\u201cDon\u2019t spend it all at once \u2026 oh wait you did already,\u201d added Musk.In response to the same thread, Musk shared an article referencing Warren\u2019s \u201clies about being Native American,\u201d alongside the tweet, \u201cStop projecting!\u201d\u201cYou remind me of when I was a kid and my friend\u2019s angry Mom would just randomly yell at everyone for no reason,\u201d Musk continued. \u201cPlease don\u2019t call the manager on me, Senator Karen.\u201dPlease don\u2019t call the manager on me, Senator Karen \ud83d\ude4f\u2014 Elon Musk (@elonmusk) December 14, 2021While Musk\u2019s accusation of Warren\u2019s \u201cKaren\u201d status may be up for debate, he could well be telling the truth about paying more taxes than any American in history this year.\u201cThat\u2019s because the Tesla CEO has been exercising a large number of options this year \u2014 and still has more to go,\u201d explained Business Insider.\u201cThe world\u2019s richest person and chief executive officer of Tesla Inc. could face a tax bill of more than $10 billion for 2021, if he exercises all his options due to expire next year,\u201d reported Bloomberg. \u201cWhile it\u2019s hard to say whether that would be a record \u2014 the Internal Revenue Service doesn\u2019t publicly reveal individual tax filings \u2014 it would certainly rank as one of the biggest payments of all time.\u201d\u201c\u200b\u200bMusk faces the unusually high tax bill after exercising almost 15 million options and selling millions of shares to cover the taxes related to the transactions,\u201d Bloomberg added.\u00a0This all follows the move by Musk in November to poll his Twitter followers, asking whether he should sell 10% of his stock holdings in the electric car company. The final results of the poll were 57.9% in favor, and 42.1% in opposition, with over 3.5 million votes cast.\u201cMuch is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,\u201d Musk tweeted at the time. \u201cDo you support this?\u201dMuch is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.Do you support this?\u2014 Elon Musk (@elonmusk) November 6, 2021\u201cI will abide by the results of this poll, whichever way it goes,\u201d Musk added later. \u201cNote, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.\u201dTesla\u2019s share price fell by 5% in early morning trading following the news.\u00a0CNBC also reported that Musk may be facing a tax bill of more than $15 billion in the coming months in relation to stock options, and that \u201cthe looming tax bill makes a sale of Tesla stock this year likely regardless of the outcome of the Twitter vote.\u201dIn October, Musk openly criticized the tax proposals being pushed by Sen. Ron Wyden (D-OR), saying, \u201cEventually, they run out of other people\u2019s money and then they come for you.\u201dThe Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":77,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1128129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1128129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1128129"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1128129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1128129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1128129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1128129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}