[Hoot Gibson]

Musk paid 0 in federal income tax in 2018 and then received almost $100,000,000 in federal money for his internet venture.

How much is enough, Outsider? Liberals love to pick years during which wealthy people like Musk pay no taxes and ignore the years in which they pay large fortunes in taxes. Apparently, Elon Musk will be paying an American record for federal taxes on his 2021 earnings.

‘Freeloading’ Elon Musk to Pay Largest Federal Tax Bill in History, an Estimated $8.3 Billion
The Tesla founder is expected to pay the largest federal tax bill in history—but his critics say that's not enough.

Elon Musk made a bold claim on Twitter on Tuesday. The Tesla founder said he would “pay more taxes than any American in history this year.”

Is the claim true? Only the IRS knows for certain who the largest taxpayer in US history is, but Forbes says Musk appears to be right.

“The eccentric billionaire (and the world’s richest person) likely owes the federal government at least $8.3 billion for 2021,” Forbes reports. 

Business Insider projects Musk’s tax bill is even higher when state taxes are included.

“Taxes on his stock, nearly a billion in Net Investment Income Tax, and the billions he likely owes California could add up to about $12 billion in total,” report Jason Lalljee and Andy Kiersz.

CNBC, meanwhile, figured Musk’s total tax bill was even higher—$15 billion.

The bulk of Musk’s tax bill stems from the nearly $13 billion in Tesla stock sold as of December 13, which is even larger than the record $10.2 billion worth of Amazon stock Jeff Bezos sold last year.