Mon 15 November 2021:
Elon Musk, the CEO of Tesla, has a lengthy history of sarcastic tweets on Twitter, and his most recent squabble put him against U.S. Sen. Bernie Sanders over the wealthy paying their “fair share” of taxes.
“We must demand that the extremely wealthy pay their fair share. Period,” Sanders wrote on Twitter.
We must demand that the extremely wealthy pay their fair share. Period.
— Bernie Sanders (@SenSanders) November 13, 2021
Musk threw some shade in return.
“I keep forgetting that you’re still alive,” the 50-year-old Tesla mogul clapped back in a tweet to the 80-year-old democratic socialist congressman. “Want me to sell more stock, Bernie? Just say the word.”
I keep forgetting that you’re still alive
— Elon Musk (@elonmusk) November 14, 2021
Sanders and Musk have sparred previously too, with the Senator telling Musk to “focus on Earth” instead of using his wealth to travel to other planets.
As of Nov. 12, the billionaire CEO had already offloaded shares worth a combined $6.9 billion in the electric car company.
Taking another poke at Senator Sanders, Musk then tweeted, “Want me to sell more stock, Bernie? Just say the word.”
Want me to sell more stock, Bernie? Just say the word …
— Elon Musk (@elonmusk) November 14, 2021
Musk had just come off of selling nearly $7 billion worth of stock in the company he founded after asking his 62.5 million Twitter followers whether he should sell 10% of his shares. He received a resounding yes.
He sold $5 billion of it after the poll earlier that week and then another $1 billion that Friday, mainly to make a point about the proposed “billionaires’ tax” being touted by congressional Democrats.
The tweet by Sanders comes amid efforts in Washington to raise taxes on the ultra-wealthy.
Senate Democrats have proposed taxing billionaires’ stocks and other tradeable assets in order to finance President Biden’s social spending agenda and to close a loophole that allows these super-rich individuals to defer capital gains taxes indefinitely.
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