Elon Musk's $11 Billion Tax Payment isn't Enough for Pramila Jayapal
Musk's payment isn't enough for Jayapal who demands 'rich pay their fair share'. She appears to believe wealth, and not just income, should be taxed.
Recent
Backdoor Roth 401(k) and IRA Rules for the Wealthy Survive — for Now
The loophole lets rich 401(k) and individual retirement account owners save in a Roth-style account, shielding future investment growth from tax.
Elon Musk Says His 2021 Tax Bill Will Be $11 Billion
Elon Musk says his tax bill this year will be $11 billion. SEC filings back up that massive number.
China Hits Top Influencer With $210 Million Fine Over Taxes
China slapped an unprecedented $210 million fine on a top livestreamer for tax evasion.
When You’re a Billionaire, Your Hobbies Can Slash Your Tax Bill
Hobbies, side businesses of ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much a decade.
‘I Will Pay More Taxes Than Any American In History This Year’: Elon Musk Crushes Elizabeth Warren With One Tweet
Musk’s accusation of Warren’s “Karen” status may be up for debate, he could be telling truth about paying more taxes than any American in history.
Trump Tax Cuts Helped Middle Class More Than Rich, New Analysis Shows
Democratic leaders decline to comment on analysis after portraying tax cuts as hurting middle class.
