United States (US) Senator, Bernie Sanders, got himself slammed by the world’s richest man, Elon Musk, for insisted that the rich 1% must pay more tax. ayokinews.com reports
Elon Musk, in a tweet touted of “forgetting” that the 80-years-old lawmaker was “still alive”, in response to his comment about taxing the Ultra-high-net-worth individuals.
Sanders, who was unsuccessful in sorting for the Democratic Party presidential nomination in 2016 and 2020, on Saturday, tweeted that “we must demand that the extremely wealthy pay their fair share.”
In response to the Sander’s tweet, Elon Musk, whose net worth is around $271 billion dollars, tweeted, “I keep forgetting that you’re still alive.” Following up, the world’s richest man added, “Want me to sell more stock, Bernie? Just say the word…”
Musk and Sanders had previously engaged one another, with the senator (lawmaker) telling the tech entrepreneur to “focus on Earth” instead of pouring his vast wealth in at interplanetary travel.
US Democrats had put forward a proposal to tax the extremely wealthy billionaires as a way of funding President Joe Biden’s social spending plans.
Last week, Elon Musk sold roughly $6.9 billion worth of Tesla stocks, in what is being described as the largest-ever stock disposals by a chief executive officer (CEO) over a several-day period.
A regulatory filing showed that Musk (Tesla CEO) reportedly sold 1.2 million shares on November 12, which was worth more than $1.2 billion, reports The Wall Street Journal.
Those stock sales by Musk, came on top of more than $5.6 billion worth of stock sales last week.
Elon Musk, made it big after selling his co-founded project, PayPal, for a whooping $1.5billion in 2002. The South-African born techpreneur further used his $100 million share of the fund to set up Tesla, SpaceX and other various companies.
SpaceX now flies dozens of rockets yearly, carrying cargoes to the International Space Station and placing satellites into orbit.