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A tweet claims Elon Musk paid more in tax than every politician on earth combined:


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Which, if correct, is extraordinary.

So, did he?

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    There are some important caveats here, the claim says that he paid more this year, and it compares only to politicians. Musk bought Twitter this year and as far as I understand he sold a significant amount of Tesla stocks for this. So this year is probably an outlier for Musk in terms of taxes.
    – Mad Scientist ♦
    Nov 8, 2022 at 10:15
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    Does Wallace only count taxes on income from political work or does he count taxes from all their income? The latter could lead to a very different question, especially considering businesspeople who also engage in politics (like Trump or Pritzker).
    – xyldke
    Nov 8, 2022 at 10:58
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    Reminds me of this claim from earlier in the year.
    – F1Krazy
    Nov 8, 2022 at 11:09
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    @stevec I don't think, Wallace considered a lot of factors when he made this tweet. After all, it is a hot take and not a research paper. I think not introducing such limitations makes this claim unlikely to be true (members of the Chinese NPC are ridiculously wealthy). However, I don't have solid evidence yet to back up my intuition. All politicians (well Chinese politicians alone) have a higher net worth than Musk, but that's not necessarily reflected in their taxes.
    – xyldke
    Nov 8, 2022 at 11:54
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    Does this include corporation tax from his companies (and taxxed dividends) or is it just personal income (of which he may not take much from his companies, as he lives sparingly) ?
    – Nigel J
    Nov 10, 2022 at 12:40

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