The Rabbit Hole
@TheRabbitHole · May 6, 2026
Do rich people pay taxes?
> Yes.
Do they pay their fair share?
> More actually.
Elon Musk
@elonmusk
I have paid over $10B in taxes in a single year, more than anyone in history.
If I exercise and sell stock options, the combined federal and state income tax is ~45% (I still pay California taxes for every day I spend there).
Then there is another 40% tax paid on my estate when I die.
Overall, I will probably end up paying trillions in taxes.
08:42 PM · May 6, 2026 · 2.1M views
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