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The Biden administration introduced an IRS tax filing pilot program in 2022. Analysts are divided on the impact of government tax preparation services for Intuit and H&R Block.
Elon Musk, the richest person on the planet and recently crowned Time Magazine's Person of the Year, says he will pay a lot of taxes this year. See: How Much Is Elon Musk Worth After Being Named...
Based on things both Trump and Musk have said on Trump’s campaign trail, likely this would look like a federal flat tax, with only a couple of tax levels based on income, instead of the current ...
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]
Under Biden’s proposal, Musk’s tax bill would have totaled $3 billion for 2018 through 2022 — nearly seven times higher than what he paid. The 25 wealthiest Americans paid $13.6 billion in ...
Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa's administrative capital. [4] [5] He is of British and Pennsylvania Dutch ancestry.[6] [7] His mother, Maye (née Haldeman), is a model and dietitian born in Saskatchewan, Canada, and raised in South Africa.
Despite being the world's wealthiest person, Elon Musk's taxes are pretty simple. In a 2021 interview16:14] with executives from The Babylon Bee, Musk said he has no offshore accounts or tax ...
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