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The Tax Myth Surrounding Elon Musk

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One sticking point has been around Musk borrowing against owned shares in Tesla to fund the purchase, while not paying any taxes on that debt.
Elon Musk’s purchase of Twitter has caused a lot of conversations around billionaires and ultra high-net-worth individuals “playing a game with different rules.” One sticking point has been around Musk borrowing against his owned shares in Tesla
TSLA to fund the purchase, while not paying any taxes on that debt.

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