'Eventually, they run out of other people's money and then they come for you,' the Tesla CEO tweeted.
Musk was responding to another individual's tweet, which included a template designed to be sent to lawmakers in opposition to the tax.
"I anticipate that any new unrealized capital gains taxes will slowly make their way down to middle class retirement investments over the next several years. It will start with billionaires, then eventually millionaires, then the modest investments will get hit possibly within a decade," the template read.The White House on Wednesday hit back after Tesla CEO Elon Musk’s criticized the billionaires tax.
"And obviously we've taken steps, we will take steps that have been proposed to crack down on anyone who's trying to cheat what they owe to the federal government," she added. Some have raised questions of the constitutionality of the billionaires tax. The White House said Wednesday that it wouldn't support anything it doesn't think is legal.Read more
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