Elon Musk Brags That He’s Paying More Taxes Than Anyone Else in History

Musk wants to be celebrated for his generosity after finally paying his taxes this year.

In an apparent bid for a pat on the back for doing something most other Americans do every year, Musk said late Sunday night that he will pay over $11 billion in taxes this year.

That amount is a tiny fraction of Musk's net worth. Musk has made $13 billion this fall by selling his stock in the company.

Critics say that Musk should be applauded for paying his fair share of taxes, even though his businesses have received a lot of money from taxpayers.

Musk and Warren had an exchange on social media. Warren accused Musk of abusing a "rigged tax code" and freeloading off everyone else.

Despite the fact that Musk has been doing that for years, he didn't take kindly to the accusations.

If you opened your eyes for 2 seconds, you would see that I will pay more taxes than any American in history. Wait, you did already, don't spend it all at once.

The investors were not impressed with the spat. Musk was sued over the weekend for violating an agreement with securities regulators.

Americans have to pay taxes every year, and Musk is struggling to come to terms with it. He dislikes the concept of taxation. He thinks businesses have a better idea of where to spend money than governments.

He argued in a twit last month that who is best at capital allocation is what it comes down to.

Musk may have thought about paying his bill after he launched a poll last month.

The richest man in the world makes $11 billion.

Musk says he will pay more than $11 billion in taxes this year.

There is more on the saga.

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