Time faces criticism for making Elon Musk ‘Person of the Year’

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Time Magazine faces criticism for naming Tesla and SpaceX CEO Elon MuskElon Reeve MuskHillicon Valley – Featured by Connected Commerce Council – New cyber vulnerability raises concerns. The dispute between Wyden and his son over taxes becomes public. “influencer” PLUS his “Person of the Year” for 2021, with some lawmakers highlighting how much the billionaire paid in taxes.

In a fundraising email Monday, Rep. Pramila JayapalPramila Jayapal Biggest Medicare Threat You’ve Never Even Heard Of Liberals Step Up Pressure On Pelosi To Discipline Boebert Tlaib Tears Tears On Comments Anti-Muslim Boebert MORE (D-Wash.) The team said: “We can’t believe Time Magazine just named Elon Musk its ‘Person of the Year’,” adding that the chief executive is “the richest person in the world and yet he avoids paying his taxes as working families struggle to put food on the table and pay the rent.

ProPublica published a report in June on the amount of taxes paid by the richest Americans, including Musk. According to the report, the billionaire paid $ 68,000 in federal income taxes in 2015, $ 65,000 in 2017 and no federal income taxes in 2018.

Musk offered an explanation for his low tax payment this month.

Jayapal’s fundraising email wrote that “the rich have only gotten richer and the rich have seen their profits skyrocket” amid the pandemic, while a number of people have lost their money. employment and health care.

The congressman’s team said magazines should applaud frontline heroes and equality-seeking individuals rather than billionaires like Musk.

“National magazines should honor the heroes on the front lines and those working for a fairer and more just society. Not a billionaire who paid nothing – not a single penny – in federal taxes in 2018, ”the email read.

Time announced its 2021 “Person of the Year” on Monday. Musk was honored by the magazine for “creating solutions to an existential crisis, for embodying the possibilities and dangers of the Age of Titans. of technology and for having driven the most daring and disruptive transformations in society “.

Time editor-in-chief Edward Felsenthal said that “the person of the year is an influence marker, and few individuals have had more influence than Musk in life on Earth, and potentially in the world. life off-Earth too “.

Musk’s SpaceX made history last month when it launched the very first fully civilian orbiting crew into space. No professional astronaut was on board.

Jayapal’s email also lobbied for the Ultra-Millionaire Tax Act, which would “level the playing field and close the racial wealth gap by asking America’s richest 100,000 households, or the richest 0.05%, to pay their fair share, “said Senator Elizabeth Warren Elizabeth Warren Company share buybacks hit new high, surpassing 2018 On The Money – Senate risks Trump wrath with Hillicon Valley debt ceiling deal – Senators unveil the social media data sharing bill MORE (D-Mass.), which is leading the initiative with Jayapal and Representative Brendan Boyle (D-Pa.).

The bill would specifically impose a 2% annual tax on household and trust equity between $ 50 million and $ 1 billion, and impose a 3% tax on household and trust equity. over a billion dollars.

Warren appeared to oppose Time’s move on Monday, writing on Twitter, “Let’s change the rigged tax code so the Person of the Year will actually pay taxes and stop picking on everyone.”

Let’s change the rigged tax code so that the person of the year will actually pay taxes and stop picking on everyone. https://t.co/jqQxL9Run6

– Elizabeth Warren (@SenWarren) December 13, 2021

Sen. Sherrod Brown Sherrod Campbell Brown Expiry of Child Tax Credit Adds Pressure for Democrats’ Biden Choice Bank Watchdog to Withdraw After GOP Charges of Communism The Ohio Senate Race Constitutes crucial test for Democrats MORE (D-Ohio) wrote on Twitter Monday convicted of illegal anti-union abuse [National Labor Relations Board] probably shouldn’t be @TIME’s Person of the Year.

A billionaire who has been convicted of illegal trade union violations by @NLRB probably shouldn’t be @TIME’s Person of the Year. https://t.co/CWmaAAuO81

– Sherrod Brown (@SenSherrodBrown) December 13, 2021

The National Labor Relations Board backed a 2019 ruling in March that it was illegal for Tesla to fire a worker linked to the union organization, according to the New York Times.

The board also said Musk illegally threatened workers at the company in a tweet from May 2018. The post read “why pay union dues and give up stock options for nothing?” According to the Times. The board ordered him to delete the tweet.

Brown, in a separate tweet, said: “Instead of revering executives who regularly line their pockets at everyone’s expense, let’s honor workers who create wealth for their businesses. “

Instead of revering executives who regularly line their pockets at the expense of others, let’s honor workers who create wealth for their businesses.

Workers like Gracie Heldman.https: //t.co/Hi4PHRYe4l

– Sherrod Brown (@SenSherrodBrown) December 13, 2021

Musk wrote on Twitter last week that he “is considering quitting my job and becoming a full-time influencer.”

The Hill reached out to Time to comment on the criticisms from lawmakers.

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