Musk Criticizes Trump's Tax Cut Bill, Calling It "Debt Enslavement"
Tesla CEO Elon Musk publicly criticized the Trump administration's newly introduced comprehensive tax cut bill this week, calling it a "debt enslavement" and suggesting that Bitcoin (BTC) should become the U.S. reserve currency. The bill will add $2.4 trillion in national debt and cut $3.75 trillion in taxes, which is expected to result in 7.8 million people losing their health insurance. Musk referred to the bill as a "disgusting monster" and included an American flag emoji in response to Brian Armstrong's comments on Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Axis Bank to join Jefferies 5th India Forum investor meet
AcadeMedia opens Malmö Kreativa Campus for three gymnasiums in expansion push
ASA holds AGM; shareholders reject S$ 176,000 directors’ fees proposal
Sun Life Financial Plans CA$5 Billion Commitment to Canadian Infrastructure Initiative
Crypto prices
More
