Elon Musk complained about $11 billion tax bill in GOP retirement: report

  • Elon Musk attended an annual GOP Donor Retreat hosted by Kevin McCarthy.
  • Musk had a Q&A with McCarthy and complained to members about his $11 billion tax bill.
  • He said the Democratic Party should stay “out of people’s wallets.”

Elon Musk spoke to attendees on Tuesday at an exclusive Republican retreat hosted by House Minority Leader Kevin McCarthy, multiple news outlets reported.

Axios reported that Musk was interviewed by McCarthy during a fireside Q&A at his annual donor retreat in Wyoming. The outlet spoke to attendees who were present at Musk and McCarthy’s fireside chat.

Musk complained at the event about the $11 billion tax bill he incurred in 2021 after selling Tesla stock, Axios reported, adding that he joked that the IRS doesn’t didn’t know how to handle the bill, prompting laughter from the attendees.

Musk announced he would have to pay the $11 billion in December last year after falling out with Democratic Senator Elizabeth Warren, who accused Musk of “stripping everyone off”.

During the event, Musk also said the United States would win if the Democratic Party stayed “out of people’s wallets” and Republicans stayed “out of people’s bedrooms,” attendees told Axios.

Musk describes himself as a political moderate and said in Tweeter Tuesday, he supports the “left half of the Republican Party and the right half of the Democratic Party”.

Musk announced in May that after years of voting Democratic, he plans to vote Republican in the next election cycle.

Musk did not specify exactly which election he was talking about, but he announced in June that he had voted for a Republican candidate for the first time by voting for Mayra Flores in a special election in the 34th congressional district of the Texas.

Musk also voiced his support for Florida Governor Ron DeSantis as a presidential candidate.

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