Wednesday, February 23, 2022

Elon Musk's "Itty-Bitty" $15 Billion Tax Payment

"Have you lost your ever-loving
mind, Senator Warren???"

Tesla founder Elon Musk is scheduled to pay $11 billion in California state and federal taxes by April 15. 

That figure, $11 billion, would almost be equal to tax collections from all sources in South Carolina or Louisiana. 

Musk’s tax payment would pay for every state-related expense from teacher salaries to road construction to the state Medicaid match in each state. His single payment is about 40% of all state taxes collected from millions of North Carolinians last year.  

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