Elon Musk exposed the corruption of Senator Elizabeth Warren
The corruption of Senator Elizabeth Warren was exposed by Musk. The Musk name is in the news. It is hard to stay out of the media spotlight when you are the richest man in the world. The tech billionaire is active on the social networking site. The successful business magnate uses social media to communicate with the world. It doesn't take long for arguments to turn into brawls on social media.
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Something similar happened this time as well. Musk was told a fraud. Hold your horses. You would like to know why she was called that. Join us in today's video as we look at how, when, and on what basis Musk was called a fraud. Senator Elizabeth Warren of Massachusetts got into a war of words with Musk on social media. This is not the first time that Musk will be in political controversy, but this time his wealth has been questioned and he has been called a fraud.
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If you're a big fan of Musk, you should know that he's not afraid of confrontation. They were not going to be discouraged by a politician. Time Magazine named Musk their Person of the Year. Senator Elizabeth Warren called for this new position. Warren took a dig at the tax code after Musk was named Time's Person of the Year. Musk responded to the senator in a way that got thousands of likes and shares.
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Warren used social media to complain that Musk should be paying more taxes. The senator wants to change the tax code so that The Person of the Year actually pays taxes. Does it make your blood boil? The allegation was quickly denied by Musk. He said, "If you opened your eyes for 2 seconds, you would realize that I will be paying more taxes this year than any American in history." Musk added a link to a Fox report on his predecessor after Senator Warren asked him to shut down the project.
What does this mean? Projection is the act of unconsciously taking on feelings that you don't like about yourself and attributing them to someone else. Musk is calling Warren a fraud. The impeachment establishes that Elizabeth Warren is a traitor because her lie about being a Native American disqualifies her from the presidency. Elizabeth Warren has lied about her race before. He is ineligible to hold the White House and the Senate because of his lies. He pretended to be a Native American in order to take advantage of her. He should quit his Senate seat before he runs for president. Musk argued in an article. Musk didn't stop there.
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He said, "You remind me of when I was a kid, and my friend's angry mom used to yell randomly for no reason." He also said, "Senator Karen, please don't call me manager." The one with the weird hair. Cut, asking to speak to the manager in case of an emergency. It's laughable if you compare it to being called a fraud. How did Senator Warren handle this? On the day of the debate, Senator Warren decided to criticize the billionaire in a fundraising email sent later that night. He said that Musk was the poster child for how the tax code allowed billionaires to pay barely any taxes. Musk said that he saw some of his biggest hits because of the $100 billion increase in his wealth.
She said that when someone makes it big in America millionaire big, billionaire big, person of the year part of it is to pay it forward so the next kid has a chance. The idea of an estate tax has been supported by Senator Warren. She wanted to run for president in 2020. Legislation has been proposed that would impose a super-millionaire tax on families with a net worth of $50 million or more. The tax Democrats recommended on billionaires was criticized by Musk. They will be owed $50 billion if the wealth tax is passed.
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They came for you after they ran out of people's money. Senator Warren said that Musk preferred to make things personal. There are criticisms of how much tax he pays. She made comments on a New York Times show. Senator Warren was asked if he was worried about impeachment by Kara Swisher, who specifically asked if he was worried about paying taxes. Musk wants to make things personal instead of talking about what is wrong with the tax system.
It was noted that Musk did not pay federal income tax. She said that the taxation system is broken and that every nurse, firefighter and employee who paid taxes paid more than Musk. Musk said that his tax bill is $11 billion a year.
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The number Musk claims he is paying is supported by his recent stock trades. You must be wondering why he has to pay so much. As the world's richest person, Musk doesn't earn a cash salary or bonus, but he does get paid through stock options, which give him the right to buy Tesla shares at a price equal to the market price at the time the options were issued. They are likely to be less valuable when used. As the company hit certain financial and operational targets, he had more than 20 million of his options vest.
He didn't pay tax on the options until he exercised them. The trades recorded in an SEC filing are required of company insiders since Musk began the process of converting the options into shares in early November. That is where the huge tax bill comes from. He said that he could do it himself in a few hours. Musk said that he doesn't have any tax shelters or offshore accounts and that his taxes are very simple. The billionaire told the publication that he has shares in both companies.
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He said that his worth was calculated by taking the value of both companies and dividing it by his ownership. The wealth of Musk is not a secret. This isn't the first time that he has been criticized over taxes. He had a disagreement with the senator. The senator from Vermont hit out at the ultra-rich, saying, "We must demand that the ultra-rich pay their fair share, period." Musk responded, "I keep forgetting that you are still alive." He said in an interview that he pays more taxes than any other person in history and that his salary is paid for by a taxpayer like him.
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