Musk and Trump in the exchange of blows: Who wins the tax dispute?
Musk and Trump in the exchange of blows: Who wins the tax dispute?
Elon Musk and Donald Trump are the focus of an emerging dispute over the planned tax law of the bidet administration. The conflict becomes particularly explosive, since Musk recently sharply criticized Trump's politics. Musk said that Trump had lost without his support in the last election in Pennsylvania and described the law as "disgusting hideousness". On platform X, Musk asked the citizens to defend themselves against the law and put pressure on MPs. This was done in the context of a law that provides for an increase in the upper debt and insufficient spending cuts, which Musk perceives as threatening to state finances. He warns that the law could increase public debt by $ 2.4 trillion and would increase the budget deficit, which is already considered a major problem in the political landscape.
Trump reacted to Musk's statements and suspected that his criticism was motivated from business interests. The former president raised the accusation that Musk had no problems with the law until the reduction of subsidies for electric vehicles became known. Musk, who runs the Tesla electric car company, is recently faced with coherent sales figures and tries to prevent any cuts. The spokesman for the House of Representatives, Mike Johnson, emphasized that Trump was "not delighted" by Musk's aggressive public criticism and indicated that Musk could have potentially selfish motives. Musk had already returned to political business at the end of May and referred to a deadline for external government employees.
The dispute over the tax law
In his last public appearance on X, Musk asked the legislators to reject the law and warned that those who correctly vote could possibly lose their position in the upcoming Midterm elections in 2026. These elections are crucial because all seats and a third of the mandates in the Senate are re -awarded in the House of Representatives. Musk had donated more than $ 250 million for his election campaign during Trump's presidency and was long considered a close confidante of Trump before their relationships have cooled down in the course of these political differences.
The budget, which was decided in May in May in the House of Representatives, is now encountering considerable resistance in the Senate. The Republicans currently have the majority in both chambers, but the differences in their own party make an agreement difficult. A forecast published by the Congressional Budget Office shows that the tax package would drastically increase the debt of the United States, which further heats up the topic for both Musks and Trump's political future.
In conclusion, it remains to be seen how this conflict will develop and what effects it will have on the political alliances between entrepreneurs and politicians in the coming monthsDetails | |
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Ort | Vienna, Österreich |
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