Thread by @peter03102

@elonmusk @POTUS @CommunityNotes My Note /1

No, Elon Musk Didn't Pay a 3.27 Percent Tax Rate
reason.com/2022/04/26/no-… -

@elonmusk @POTUS @CommunityNotes My Note /2

Elon Musk faces a $15 billion tax bill, which is likely the real reason he’s selling stock
cnbc.com/2021/11/07/elo… -

@elonmusk @POTUS @CommunityNotes My Note /3

Biden pushed a billionaire minimum tax – here’s what Elon Musk would pay (1/2)
cnbc.com/2023/02/08/bid… -

@elonmusk @POTUS @CommunityNotes My Note /4

Biden pushed a billionaire minimum tax – here’s what Elon Musk would pay (2/2)
cnbc.com/2023/02/08/bid… -

@elonmusk @POTUS @CommunityNotes My Note /5

The Tax Myth Surrounding Elon Musk
forbes.com/sites/jaimecat… -

@elonmusk @POTUS @CommunityNotes My Note /6

When Elon Musk bought Twitter, he had to pay for it.

He sold some stock and paid taxes on it.

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@elonmusk @POTUS @CommunityNotes My Note /7

Well, he is Elon Musk.

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@elonmusk @POTUS @CommunityNotes My Note /8

Fancy graphics.

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@elonmusk @POTUS @CommunityNotes My Note /9

Nafnlaus to the rescue.

Point made.

No fancy background is needed.

NOTE: Yeah, I did this in real-time. No preparation

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@elonmusk @POTUS @CommunityNotes My Note /A

Stock goes up & down. You get taxed when you sell the stock.

The President includes earnings from unsold stock. Do you give a rebate on losses?

The top rate is 37%. The average is 25%.

IRS info on tax rates at
irs.gov/newsroom/irs-p… -

@elonmusk @POTUS @CommunityNotes My Note /B

President Bidens tweet at
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Elon Musk replies at
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Then I throw my 2 bits into it.

(HEX 0-F)

peter03102.com/blog/Twitter_F… -