Elon Musk hits out at Democrats’ billionaire wealth tax proposal

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Elon Musk hits out at Democrats’ billionaire wealth tax proposal
Belgique Dernières Nouvelles,Belgique Actualités
  • 📰 The Independent
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Proposal to stop billionaires avoiding income tax could raise several hundred billion dollars

The rationale behind such a system is to stop the ultrawealthy from lowering the amount of tax they owe by being paid in stock options rather than a salary. Those stocks would be taxable under the proposal.

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The Independent /  🏆 80. in UK

Belgique Dernières Nouvelles, Belgique Actualités

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