ByElon Musk has confirmed on Twitter that his 2021 tax bill will be around $11 billion, thanks to his sale of Tesla stock this year. This amount may not be enough to satisfy the CEO’s staunchest critics, but $11 billion is no joke. It does equate, after all, to Elon Musk paying over $1.5 million worth of taxes for every day since he became a US citizen in 2002 or about $1 million worth of taxes per day since he started studying business and physics at the University of Pennsylvania way back in 1992. For those wondering, I will pay over $11 billion in taxes this year — Elon Musk (@elonmusk) December 20, 2021It’s pretty difficult to wrap one’s head around the idea of $11 billion dollars. Elon Musk’s 2021 taxes equates to over $1.5 million for every day he’s been a US citizen

Source: The Guardian December 21, 2021 04:24 UTC