Sen. Elizabeth Warren (D-Mass.) blasted billionaire Elon Musk once again for reportedly not paying taxes. Despite Musk continuously showin...
Sen. Elizabeth Warren (D-Mass.) blasted billionaire Elon Musk once again for reportedly not paying taxes.
Despite Musk continuously showing otherwise, Warren persists in repeating the claims.
What are the details?
During a weekend interview with CNN's Brianna Keilar, Warren complained that the world's sometimes-richest man has not paid taxes.
"Elon Musk in 2018, we've actually seen his tax returns," Warren said during the Sunday interview. "You know how much he paid in taxes, one of the richest people in the world? Zero. And he’s not the only one. [Amazon founder] Jeff Bezos, right, another one of the richest people in the world, he pays less in taxes than a public schoolteacher or a firefighter. And they do this because they’re only being taxed on income. They very cleverly make sure they have no official income. They just have all this stock that keeps building in value, building in value. They borrow against it. It’s just not right.”
She continued, "We need a system in America where everybody gets the benefits of being an American, but that means everyone pays a fair share to keep this country running."
According to a June ProPublica report, Musk paid zero federal income taxes in 2018. Musk said that he paid no federal income taxes the filing year due to the fact that he inadvertently overpaid in 2017. Musk in December announced that he was poised to pay more than $11 billion in the upcoming tax year.
Musk fired back at Warren's remarks on Twitter, writing, "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[.]”
You can watch the exchange in the video below.
What else?
Warren and Musk in December sparred online after she previously accused him of not paying taxes, calling him a "freeloader."
Musk in response branded Warren an "angry mom" and "Senator Karen."
He added, "If you opened your eyes for 2 seconds, you would realize I will pay more taxes than any American in history this year. Don’t spend it all at once ... oh wait you did already."
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