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According to foreign media reports, Elon Musk responded to tax evasion criticism on Saturday, asking his 62.5 million twitter fans for help and asking whether he should sell 10% Tesla shares, which may be worth more than $25 billion < p > < / P > < p > musk wrote: "recently, many people believe that unrealized earnings are a means of tax avoidance, so I propose to sell 10% of Tesla shares. Do you support me?" Musk added a voting function in his tweet, so fans can vote for or against < p > he then added: "whatever the outcome, I will abide by the results of this poll." it is unclear how much the proposed sale of shares is worth or the tax rate < p > as of 1:00 p.m. local time on November 6, more than 1 million people had voted. At present, there is a weak majority of people supporting Musk's share sale, about 55.6%. With 23 hours left, this vote may eventually become the largest vote in Twitter's history < p > however, 44.4% of people obviously think that it is best to leave this wealth in Musk's hands, because musk is very visionary and tends to invest in the future, rather than simply squandering on houses, cars, yachts and other luxury goods loved by the rich < p > according to statistics, Tesla's market value is currently $1.22 trillion. According to Investopedia, musk owns 193.3 million Tesla shares, accounting for 20.7% of the total outstanding shares. As of December last year, musk held about 22.4% of Tesla's outstanding shares. This means that Musk's Tesla shares are worth more than $250 billion, and 10% are worth more than $25 billion < p > billionaires can benefit from many tax avoidance strategies. Their wealth is largely based on the rise in the value of stocks and real estate. Unless these assets are sold, they are not considered taxable. Therefore, if musk sells Tesla shares, he will be taxed < p > earlier this summer, the survey news website propublica reported Musk's tax return. The results show that Musk's income tax bill in 2018 is zero. Musk later countered, calling the report "misleading". He added that the reason why this figure is so low is that he doesn't receive salary at all, so his cash salary is almost zero < p > musk said: "please note that I don't receive cash salary or bonus from anywhere. I only have stocks, so the only way for me to pay personal tax is to sell stocks." < / P > < p > selling stocks will prompt musk to pay huge taxes, and the capital gains tax will be at least about 20%. However, musk recently said that when he exercised his expiring options, the tax rate was much higher, as high as 54%. But whatever the tax rate, Musk's sale of Tesla shares will provide billions of dollars in tax revenue for the U.S. government < p > analysts say musk may have to sell a large number of shares and pay taxes because a large number of options will expire next year. Musk's comments came after Congress proposed a tax on billionaires to help pay for President Joe Biden's social and climate change agenda < p > musk is the richest man in the world. It has many companies, including Tesla, SpaceX and neuralink. He had previously criticized the "billionaire tax" on twitter < p > Tesla board members, including Musk's brother kimbal, recently sold Tesla shares. Jinbar sold 88500 Tesla shares, while board member IRA ehrenpreis sold shares worth more than $200 million < p > musk recently said on twitter that if the World Food Programme (WFP) disclosed more information about how to use the funds, he would sell $6 billion worth of Tesla shares and donate them to the organization. Earlier, WFP Director General David Beasley challenged billionaires to give more wealth to help eradicate global hunger. (small) < / P > < p > extended reading: < / P > < p > < / P > < p > musk was "forced to donate" and the quotation of senior United Nations officials increased to $6.6 billion < / P > < p > source: & nbsp; science and Innovation Board daily < / P > < p > < / P > < p > billion financial Associated Press (Shanghai, editor Zhou Ling) news, David Beasley, executive director of the United Nations World Food Programme (WFP), Thursday (4th) Once again, call on Tesla CEO musk to donate some of his wealth to alleviate the global famine. Compared with his last call, Bisley's "forced donation" amount has increased by $600 million to $6.6 billion. < / P > < p > Bisley has released a plan outline to show the world's richest man how to achieve this goal. Bisley said on Thursday that he will release a plan in the next few days "Extensive and detailed plan". < / P > < p > Beasley said on Thursday that the whole "system" was in place - it could "prevent 42 million people on the brink of famine in 43 countries from falling into crisis", which was only an "expansion" Spending to $6.6 billion. < / P > < p > earlier last month, Beasley called on billionaires like musk and Amazon co-founder Bezos to take action as soon as possible to solve the problem of global famine. < / P > < p > at the end of October, after Hertz ordered a large number of Tesla cars and Tesla's share price soared, Beasley again called on Musk's net assets An increase of US $36 billion in one day, of which only one sixth (US $6 billion) "can save 42 million people struggling with famine from death." < / P > < p > musk responded on twitter that if WFP uses transparent and open accounting methods, "If I can accurately describe on this twitter how $6 billion will solve the problem of world hunger, I will immediately sell Tesla shares and put them into practice." < / P > < p > then Bisley asked for a private meeting with musk. Bisley said in a media interview on Tuesday (2) that he was excited about Musk's willingness to talk. < / P > < p > "This is really good news because Elon is a very, very smart person," Bisley said on Tuesday. "For him, even participating in this dialogue is a major change. Because, in short, we can answer his questions and put forward a clear plan." < / P > < p > Beasley said he would show musk the plan, including cost accounting and transparency, and provide answers to "any questions he raised". However, he did not provide these specific letters in an interview on Tuesday or on Musk's Twitter ?
2023-03-22 10:04:46