From Tax Musk <[email protected]>
Subject Sign the petition: Musk sued for insider trading
Date June 8, 2024 4:48 PM
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TELL CONGRESS: Elon Musk is accused of insider trading after allegedly
dumping $7.5 billion in Tesla stock. No one should be as rich as Musk and
be able to escape paying their fair share in taxes. Sign the petition:
Tell Congress to get rid of the Trump tax cuts. Make Elon Musk and the
ultra-rich pay their fair share!
[ [link removed] ]ADD YOUR NAME

Hi,

Elon Musk might be in hot water…again. A Tesla shareholder just sued Musk
for alleged insider trading.^1

The lawsuit accuses Musk of a $7.5 billion stock dump before potentially
disappointing Tesla production news went public.^2 That’s a lot of money
for one mega-rich CEO to have.

Musk has been able to get so rich in part because of the Trump tax cuts.
The Trump tax cuts (signed into law in 2017) gave corporations and the
ultra-wealthy even bigger tax breaks and even more loopholes to exploit.
Congress must change the tax code to work for the average person, not the
ultra-wealthy.

[ [link removed] ]Sign the petition: Tell Congress to get rid of the Trump tax cuts. Make
Elon Musk, the ultra-rich, and corporations pay their fair share!

ADD YOUR NAME

Not only did the Trump administration’s signature tax cut legislation
slash the corporate tax rate from 35% to 21%, the Trump tax cuts were full
of loopholes that are allowing America’s largest corporations to pay WAY
less in taxes.^3

Those tax cuts are still in effect AND Republicans want to see even deeper
cuts to what millionaires, billionaires, and corporations pay in taxes.

The Trump tax cuts are a disaster for anyone who’s not Elon Musk, a
multi-millionaire or billionaire, or a massive corporation. They have
enough advantages already, including plenty of representatives in Congress
who are looking out for them. Working class Americans need lawmakers to
step up and say no to more GOP tax breaks for the ultra-wealthy and
corporations.

[ [link removed] ]Add your name: End the Trump tax cuts that help ultra-rich corporate
CEOs like Elon Musk.

Thanks for taking action,

Joey and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. Reuters, “Tesla shareholder sues Musk for alleged $7.5 billion insider
trading,” [ [link removed] ]May 31, 2024.
 2. Ibid.
 3. Institute on Taxation and Economic Policy, “Corporate Tax Avoidance in
the First Five Years of the Trump Tax Law,” [ [link removed] ]February 29, 2024.
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