Elon Musk says Americans ‘get the living daylights taxed out of us.’ Here's how he avoids taxes to hold onto his wealth

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJing PanTue, June 23, 2026 at 5:20 PM GMT+2 10 min readAndrew Harnik/ Getty ImagesMoneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.They say the only certainties in life are death and taxes — but Tesla CEO and world's first trillionaire Elon Musk thinks Americans are getting far more than their fair share of the latter."You get taxed on what you earn, you get taxed on what you buy and you get taxed on what you own. Taxes, taxes, taxes," Musk said at a town hall in Pittsburgh (1).Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake —