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Common Dreams

Common Dreams

Elon Musk owes a hefty chunk of his personal fortune to U.S. tax dollars

Common Dreams
Summary
Nutrition label

69% Informative

Elon Musk , the world's single wealthiest individual, is the biggest beneficiary of U.S. government contracts.

Two of Musk’s commercial operations, Tesla and SpaceX, have received billions in American taxpayer support.

From the early 1940s through the mid-1960s , the incomes of America 's richest faced a tax bite that would be unimaginable today .

Today 's top-bracket federal income tax rate stands at 37 percent on income over $693,751 .

Gates would be willing to let the IRS take 62 percent , about $100 billion .

Gates: Sanders proposal would tax away over 99 percent of his personal fortune.

Gates says he's willing to give the IRS 62 percent of the fortune to the IRS for a better America .

Gates' proposal would make a good place to start, Gates says.

VR Score

72

Informative language

73

Neutral language

24

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

detected

Time-value

short-lived

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no affiliate links