Elon Musk, the world's richest man, is letting his Twitter followers decide whether he sells an eye-watering $25 billion (£18.5 billion) worth of his Tesla stock.
The decision comes amid debate online that unrealised gains - profit made on an investment which is yet to be sold - could be a form of tax avoidance following a ProPublica report published in June into how the wealthiest people avoid taxes.The US government does not impose tax on stocks or securities until they are sold, which is when profits are realised.Musk created a Twitter poll yesterday evening and wrote: "Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
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