NEW YORK – Tesla CEO Elon Musk is asking connected Twitter whether helium should merchantability 10% of his banal successful the electric-vehicle institution amid unit successful Washington to summation taxes connected billionaires similar him.
Some Democrats person been pushing for billionaires to wage taxes erstwhile the terms of the stocks they clasp goes up, adjacent if they don't merchantability immoderate shares. It's a conception called “unrealized gains,” and Musk is sitting connected a batch of them with a nett worthy of astir $300 billion.
“Much is made lately of unrealized gains being a means of taxation avoidance, truthful I suggest selling 10% of my Tesla stock,” helium tweeted Saturday afternoon. “Do you enactment this?”
By 5:40 p.m. Eastern time, a small much than 2 hours aft Musk's archetypal tweet, 54% said yes retired of a full of 876,189 votes.
Much of Musk's wealthiness is held successful shares of Tesla, which does not wage him a currency salary. “I lone person stock, frankincense the lone mode for maine to wage taxes personally is to merchantability stock,” helium tweeted.
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Musk, who is known for his sometimes flippant tweets, said helium would “abide by the results of this poll.”
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