Musk says his invoice for 2021 was over $11 billion

Musk says his invoice for 2021 was over $11 billion

Elon Musk, the chief executive officer of Tesla and also the occasional world’s richest man, took to Twitter late Sunday to tell followers that he are going to be payment additional in taxes this year than some countries create a whole year.

“For those curious, i will be able to pay over $11 billion in taxes this year,” Musk tweeted.

Tesla failed to directly answer AN late email from Fox Business. Bloomberg News according that he may face a bill of quite $10 billion if he exercises his choices thanks to expire next year. The report same it may be the most important individual payment to the inner Revenue Service.

Nasdaq recently printed a report that listed countries with the projected lowest gross domestic product in 2021. If Musk’s tweet is to be believed, his check are going to be larger than the GDPs in Burundi, South Sudan, African country and simply keep of Mozambique’s projected $13.96 billion in 2021.

Republicans criticized the bill for what they saw as wasteful payment, whereas Democrats saw the arrange as essential for providing a security internet for the foremost vulnerable throughout the COVID-19 pandemic.

Sneha Mali

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