Listen to this Article Now
Tesla CEO and richest individual on the planet Elon Musk tweeted out a poll Saturday, finding out if he should sell 10% of his stock in the automaker, apparently to make good on more duty. At the point when the poll shut Sunday evening, 57.9 percent of more than 3.5 million members had casted a ballot “yes,” and 42.1 percent casted a ballot “no.”
“A lot is made of late of undiscovered increases being a method for charge evasion, so I propose selling 10% of my Tesla stock,” Musk tweeted Saturday. He said in an ensuing tweet that he’d comply with the consequences of the poll “however it goes.”
Musk had been a vocal pundit of a proposition to burden undiscovered gains on public resources for the absolute most well off Americans. Under the proposition by Sen. Ron Wyden (D-Oregon), if resources expanded in esteem, regardless of whether the individual sell the resources, the individual would need to pay charges on the undiscovered increase. It would fundamentally end the duty proviso that allows very rich people to concede capital increases burdens endlessly, while as yet having the option to get against that abundance.
“In the end, they run out of others’ cash and afterward they come for you,” Musk tweeted in October, because of a tweet communicating worries about the proposition.
Wyden reacted to Musk’s thought, tweeting on Saturday: “Whether or not the world’s most well off man pays any charges whatsoever shouldn’t rely upon the consequences of a Twitter poll, It’s the ideal opportunity for the Billionaires Income Tax.”
Saturday was likewise not whenever Musk first has drifted auctioning off some Tesla stock. Musk told columnist Kara Swisher at Code Conference in September that he wanted to sell a major lump of his Tesla stock choices before they terminated. “I have a lot of [stock] choices that are terminating right on time one year from now, so that is a tremendous square of choices we’ll sell in Q4,” he said.
Swisher inquired as to whether he was shocked by the amount Tesla’s stock had gone up. “I have gone on record and said I think [Tesla’s] stock cost is too high, as I would see it,” Musk added later. “What am I expected to do? I’m not the one making it go up.”
ProPublica columnist Jesse Eisinger brought up on Twitter that the third tweet in Musk’s Saturday string — “Note, I don’t take a money pay or reward from anyplace. I just have stock, along these lines the main way for me to pay burdens actually is to sell stock”— seemed to affirm the news site’s investigating how the super well off try not to make good on annual assessments.
“Much thanks to you for affirming our story: That for the ultra rich personal charges are basically willful,” Eisinger tweeted, noticing that Musk had recently called the story “misdirecting.”
Starting at Sunday evening, Musk had not remarked on the poll results. We’ll refresh this post if he does.