Never forget that the 2nd Trump administration is basically a heist. They're going to take as much money from the US Government, probably including the gold bars from Fort Knox, and jam it into their pockets, while that SCOTUS will eventually rule, "Well, it doesn't specifically say the President can't rob the country blind."
We found out yesterday there's one major winner in Trump's new 25% tariffs on auto imports and foreign-produced auto parts, Tesla, Elon Musk's auto company. As one analyst points out, the verbiage of the order is written to specifically carve out Tesla as the lone company with minimum impact.
Would Trump torpedo the world auto markets to help out his buddy? Of course he would. This is just payback for Musk buying Twitter and turning it into a mouthpiece for Trump. In addition to the new tariffs, Trump even 'ordered' the other US automakers to not raise prices to offset their additional costs, putting Musk's competitors in a tighter position.
Yesterday, it was also announced that the Trump plan to completely eliminate the Estate Tax would give Musk's heirs a windfall of 132 BILLION dollars. Trump's heirs would see a savings of 2 Billion. Eliminating the Estate Tax would also leave a massive gap in the budget, something that several Trump Republicans have argued should be filled by raising the taxes of those making $75K or less per year.
No comments:
Post a Comment
Please feel free to leave a comment. I'll review it and as long as it's not dirty, I'll post it (even if you disagree with me).