Tag: tax
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The 6 richest Americans are worth more than the GDP of 13 US states combined, including Delaware, Maine, and Hawaii
Tesla CEO Elon Musk and Amazon CEO Jeff Bezos. John Locher/AP and Odd Andersen/AFP via Getty Images According to Forbes, six Americans are worth more than $100 billion, making them centibillionaires. Their combined fortune of $815 billion is just over the collective GDP of the US' 13 poorest states. Amazon CEO Jeff Bezos is worth…
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Elon Musk would have paid $4.6 billion in 2020 under Warren’s wealth tax proposal, data shows
Tesla and SpaceX CEO would be hit heavily by the tax. PETER PARKS/AFP via Getty Images Musk would have paid $4.6 billion in 2020 under Warren’s “ultra-millionaire” plan, tax groups said. The Tesla and SpaceX CEO was worth at least $150 billion at the end of 2020. Musk plans to use his fortunes to fund…