Elon Musk Opposes Billionaire Tax While Making a Record $36 Billion in One Day.
Democrats proposed a tax on billionaires' investment revenues, capturing some of their wealth rather than simply their stated salaries.
As part of this arrangement, Musk would pay $10 billion in taxes year for the next five years, according to economist Gabriel Zucman.
Musk made enough money on Monday to satisfy his billionaire tax for the next three and a half years plus a billion dollars.
In other words, the billionaire tax would be irrelevant to someone with unfathomable riches. That hasn't stopped him from whining.
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