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Share with friends and circles of friends with wechat scanning QR code < / P > < p > on December 23. According to foreign media reports, as the CEO of Tesla and SpaceX and the world's richest man, Elon Musk is often criticized for his huge wealth and tax issues. In a recent interview, musk clarified that his wealth "is not a profound mystery" and the tax bill is super simple. He can pay taxes in "a few hours" Done < p > < / P > < p > in an interview with the media, musk said that his wealth of more than $245 billion was completely transparent and was not hidden in any offshore account or special tax tools to reduce his tax amount < p > earlier this month, Elizabeth Warren, a Democratic senator from Massachusetts, tweeted that musk "took advantage of everyone else" because he did not pay federal income tax in 2018 < p > when asked whether he could use H & R block, the largest chain tax service provider in the United States, to help me avoid tax, musk replied: "I don't have any offshore account, nor do I evade tax. H & R block can really help me pay tax easily, but I don't need it, I can do it myself. It only takes a few hours. My tax bill is very simple." < p > musk is expected to pay the largest personal tax bill in U.S. history, and the federal and California income taxes are estimated to exceed $11 billion. In order to get a huge salary reward worth more than $23 billion, he must pay taxes. These awards are paid in the form of stock options and will expire in August next year < p > in November this year, musk launched a public opinion survey on twitter fans to ask whether they should sell their 10% stake in Tesla. After fans voted for the sale, musk said he sold a lot of shares. "I sold enough stocks, reached the threshold of about 10%, and raised the cost of exercising the option," he said in an interview < p > according to the latest documents submitted to the securities and Exchange Commission (SEC), musk still has at least 3 million shares to sell, In order to achieve the target of selling 10% (17 million shares) of Tesla shares. By next August, he still has nearly 4 million stock options to exercise, indicating that he will sell or exercise more stock options in the coming months. < / P > < p > musk admits that requiring him to pay tax on his salary plan is "part of the reason" for selling a large number of shares this quarter 。 In September, long before the twitter poll, he made a scheduled stock sale plan for tax payment. "In addition," he said, he needed to sell more of his previous holdings to meet the 10% threshold < p > musk said that his huge wealth and low tax bills were the product of simple arithmetic: his wealth came from his ownership shares in Tesla and SpaceX. He said that the two companies "went through pain to establish" < p > musk didn't receive salary or cash dividend from the two companies. He didn't sell a large number of Tesla shares until this year. Since a taxpayer only pays tax on his income after selling shares, he does not have to pay a large amount of tax every year < p > musk said: "the important thing is to understand what wealth is. This does not mean that I have a huge cash balance. My cash is very, very low, at least before I sell stocks. In fact, this quarter is the first time I sell stocks in a meaningful way." < p > he also said that he did not pay taxes for one year, which was 2018, because he "accidentally" overpaid taxes in 2017 and obtained a tax credit in 2018. But he said that criticism of his taxes led him to sell more shares than required to exercise the option < p > musk explained: "I asked my fans, 'should I sell?' what should I do? Should I send the stock to the government? Unless I sell the stock, there is no actual tax mechanism. So I said, 'should I sell 10% of the stock to pay tax?' I launched a survey on twitter. Generally speaking, people support it." < p > musk also pointed out that even today, his fate is almost completely connected with Tesla and SpaceX, "if Tesla goes bankrupt, I will go bankrupt immediately". (small) < / P > < p >

2023-03-22 10:04:48