Elon Musk urges Americans to oppose Trump’s tax bill, calling it a “disgusting abomination” amid rising criticism.
In Short:
Elon Musk has strongly opposed Donald Trump’s tax bill, labelling it a “disgusting abomination” and urging Americans to contact their lawmakers. His criticism comes amid Republican scrutiny of the legislation, which could lead to significant increases in US budget deficits.
Elon Musk has intensified his opposition to Donald Trump’s tax bill, urging Americans to take action.
Musk posted on social media, calling for individuals to contact their lawmakers. He expressed strong disapproval of the legislation, labelling it a “disgusting abomination” that threatens to bankrupt the nation.
This criticism follows increased scrutiny from Republican fiscal conservatives regarding the extensive fiscal package.
While Trump has not publicly reacted to Musk’s comments, the White House defended the bill, stating it would lead to substantial economic growth. House Speaker Mike Johnson also countered Musk’s statements, asserting that the tax cuts would be self-financing through economic expansion.
Musk’s strong stance on the tax legislation aligns him against the president during a pivotal moment, as Trump seeks to persuade hesitant lawmakers. Musk’s campaign against the bill could complicate and delay its implementation, along with the associated debt ceiling increase.
This opposition occurred shortly after Musk completed a brief role aimed at reducing federal spending. The effect of his involvement in the Trump administration has reportedly diminished Tesla’s brand reputation, contributing to a decline in electric vehicle sales.
According to estimates from the Congressional Budget Office, the tax and spending plan passed by the House could increase US budget deficits by $2.4 trillion over the next decade.