In a recent interview on CNN’s “New Day,” U.S. Sen Elizabeth Warren (D-MA) took aim at wealthy Americans and how much taxes they should have to pay.
Specifically, Warren targeted how much money the world’s richest man, Elon Musk, paid in 2018 in federal taxes, which was $0.
“You know how much (Elon Musk) paid in taxes, one of the richest people in the world? Zero! And he’s not the only one. Jeff Bezos, another one of the richest people in the world, he pays less in taxes than a public school teacher or a firefighter,” Warren complained.
Warren concluded, “We need a system in America where everyone gets the benefits of being an American, but that means everyone pays their fair share to keep this country running.”
Twitter user Sawyer Merritt shared a clip of Warren’s rant, tagged Musk, and said, “For 2021, Elon will be paying the single largest tax bill of any individual in history (over $11 billion).”
Musk responded to Merritt, “Will visit IRS next time I’m in DC just to say hi, since I paid the most taxes ever in history for an individual last year. Maybe I can have a cookie or something …”
Will visit IRS next time I’m in DC just to say hi, since I paid the most taxes ever in history for an individual last year. Maybe I can have a cookie or something …
— Elon Musk (@elonmusk) February 20, 2022
In December, Musk tweeted, “For those wondering, I will pay over $11 billion in taxes this year” after he had sold off $14 billion worth of Tesla stock since early November.
For those wondering, I will pay over $11 billion in taxes this year
— Elon Musk (@elonmusk) December 20, 2021
Warren accused Musk and others of using stock as a way to skirt around having to pay taxes, although at any time the stock could be worth significantly less if something catastrophic were to happen.
It also seems clear that Warren has gotten her talking points from a ProPublica article where they reported on “a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.”
This isn’t the first time that Warren has gone after Musk and gotten destroyed by him in return as she tweeted her displeasure with him being named “Person of the Year” by Time magazine in December.
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