Elon Musk Says Taxes Could Wipe Out Three-Quarters of His Wealth, Claims He's Already Paid More Than 'Anyone in History'
Elon Musk, CEO of Tesla said he pays 45% in taxes and expects to have only a quarter of his wealth left after income and estate taxes.
Elon Musk says taxes will take away most of his super-rich fortune over time. When you own a company stock that goes way up in value, taxes can take a big chunk—that's something to know when thinking about how rich people's money works.
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