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Episode 251: Wealth, Income, Capital Gains, and Taxes

Words & Numbers

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Elon Musk Pays 3.3% of His Wealth in Taxes

Elon Musk pays 3.3% of his wealth in taxes, according to ProPublica. But the federal government doesn't tax wealth at taxes income, says CNN's John Sutter. "You're mixing apples and oranges here. We don't tax wealth," he adds.

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