Elizabeth Warren instantly regretted what she said on CNN about Elon Musk

Elizabeth Warren is one of the loudest voices on the Left calling for socialist class warfare.

But Warren picked the wrong target for her latest rant.

And Elizabeth Warren instantly regretted what she said on CNN about Elon Musk.

Warren supports a wealth tax to confiscate the wealth of CEOs and other billionaires in order to redistribute the money through socialist welfare programs to Democrat voters.

One of Warren’ favorite targets is Tesla CEO Elon Musk.

In an interview on CNN, Warren attacked Musk for allegedly paying zero dollars in federal income taxes in 2020.

“You know how much he paid in taxes? One of the richest people in the world? Zero,” Warren claimed. “And he’s not the only one. Jeff Bezos, right, another one of the richest people in the world, he pays less in taxes than a public schoolteacher or a firefighter. And they do this because they’re only being taxed on income. They very cleverly make sure they have no official income. They just have all this stock that keeps building in value, building in value. They borrow against it. It’s just not right.”

Musk did pay $455 million in taxes between 2014 and 2018.

And Musk paid $11 billion – the highest total ever for a single individual – in 2021.

Musk slammed Warren on social media for gross distortions and falsehoods about Musk’s tax bill.

“Will visit IRS next time I’m in DC just to say hi, since I paid the most taxes ever in history for an individual last year. Maybe I can have a cookie or something …” Musk posted on Twitter.

Democrats like Warren love to point to examples of billionaires like Musk taking legal deductions to reduce their tax bill to claim the system is unfair.

But what Warren and her allies always leave out is these schemes to “tax the rich” always end up socking the middle class.

If the federal government increased the corporate tax rate, companies would pass that increase on down to the consumers.

During the campaign, Joe Biden falsely claimed he would not raise taxes on any American making less than $400,000 per year.

That was not true.

Biden’s promise only applied to single filers.

Under a tax increase scheme Biden proposed, husbands and wives who made far less than $400,000 would see a tax increase as their joint filing would put them into the new tax bracket.

Billionaire CEOs usually don’t fight back against the Left’s attacks on their wealth and demand they pay higher taxes.

Musk’s pushback against socialism was a welcome sight.

Stay tuned to Conservative Underground News for any updates to this ongoing story.