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Musk calls Trump's tax bill a 'disgusting abomination'

a year ago
  • #Trump Tax Bill
  • #US Politics
  • #Elon Musk
  • Elon Musk criticizes Trump's tax and spending bill, calling it a 'disgusting abomination'.
  • The bill includes multi-trillion dollar tax breaks, increased defense spending, and raises the debt ceiling.
  • Musk warns of firing politicians who 'betrayed the American people' in the next election.
  • The bill is estimated to increase the budget deficit by $600bn in the next fiscal year.
  • Musk's criticism reflects wider Republican tensions over the bill, with some like Rand Paul opposing it.
  • Trump and Republicans aim to pass the bill by July 4, despite opposition.
  • Musk's firm Tesla could be affected by the phasing out of electric vehicle tax credits.
  • Democrats, including Chuck Schumer, welcome Musk's criticism of the bill.
  • Musk previously supported Trump with $250m in donations during the last election.