This is incorrect. An estate tax is not the same as a tax on capital gains. Under current law, Musk only pays the former on unrealized asset appreciation. And if he/his estate were required to pay tax on his capital gains, they would owe the government substantially more than he
This is a complete lie and you know it. If Elon MUsk dies with significant capital gains, his heirs will pay a 40% estate tax on it.
Can you please explain why you deliberately lied in this post?
The rich can earn billions in capital gains -- without ever paying a cent in taxes -- by simply holding onto their assets until they die. (Under current tax law, when an heir inherits an asset, its initial value resets and the capital gain disappears.)
For this reason, when