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Musk’s Billionaire $0 Tax Privilege
New story reveals Elon Musk and other billionaires dodging huge tax bills through loan repayment schemes while Democrats insist on raising taxes on the Americans that actually pay.
🔵 ProPublica releases a bombshell report regarding the effective tax rates for billionaires revealing many pay a near zero percent tax rate.
🔵 The report explains how Elon Musk, Jeff Bezos, Warrant Buffett, Mark Zuckerberg and other ultra-wealthy individuals use loans and repayments to skirt tax laws.
🔵 Many of these ultra-wealthy are proponents of increasing taxes on the rich, which they know will have little impact on them.
🔵 Taxes are destructive.
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