• Rodeo@lemmy.ca
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    11 months ago

    How much is that expressed as percentage of his total wealth?

    A quick search revealed $185b, which is probably his net worth and not his total wealth, but we’ll go with it:

    8.3 / 185 * 100 = ~4.49%

    For reference, I paid over 20% of my total wealth last year.

    So I actually paid more than 4x as much tax as Musk did, relative to the amount of wealth we have.

    • meliaesc@lemmy.world
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      11 months ago

      If he paid 37 billion dollars in taxes, you would be satisfied? I find “wealth tax” to be completely separate from income tax discussions.

      • Rodeo@lemmy.ca
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        11 months ago

        I’ll be satisfied when the quality of life for average citizens starts going up again.