How to Work the Tax System like Elon Musk

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 21 July 2021

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Elon Musk, doggie coin enthusiast and second-richest person in the world, has skirted through tax season without paying a dime in federal income taxes. How did he do it? Listen to find out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:09.0	That's the good one.
0:10.0	Ian and should I have a 401k because I don't do it?
0:12.0	No, I know.
0:15.0	I don't think the whole world will revolve around you on your money.
0:17.0	What a dumb son.
0:19.0	Charge for wasting our time.
0:23.0	I will take a shot.
0:25.0	We're going to pull you through.
0:27.0	You recognize her from Anchoring on CNN, CNBC, and Bloomberg.
0:31.0	The only financial expert you don't need a dictionary to understand.
0:35.0	The cold lapid.
0:37.0	I hate to ask you to do this, but I want you to travel back in time with me to 2020.
0:45.0	I know. It sucks. No one wants to go back there.
0:50.0	And I haven't even told you the worst part yet.
0:52.0	We're traveling back to the 2020 presidential debates.
0:56.0	I know I'm trying to make a mental note here to use thunder strikes and spooky music in the background because that's what's playing in my brain.
1:04.0	Any time I think about the days before Trump was kicked off Twitter and out of the White House.
1:10.0	Anyway, do you remember during the debate when Trump was asked about his taxes?
1:14.0	And the nation found out that Trump was getting away with paying just 750 Bucarunos in federal income tax?
1:25.0	$750. That's it. That is insane.
	...

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