Trump’s last tax cut for the rich increased the federal deficit by $4.6 trillion. This tax cut saved the extremely wealthy and corporations tons of money, but average people paid the same,or more.
Musk and his companies pay little in taxes now, and the planned further tax cuts would only make the worlds’ richest man richer, while dooming future generations to terrible financial hardships when the bill comes due.
The GOP has been cutting taxes for the rich and blowing up the federal deficit since Reagan, but now we have two madmen in charge and a GOP Senate and House that are entirely afraid of Trump.
WHAT WE CAN DO:
You folks in those red states with GOP people in DC, let them know loud and clear that another giant tax cut for the wealthy that will saddle your children and grandchildren is not what you want.
Imagine if Musk, Bezos, and the other 800 billionaires, who are sitting on over 6 trillion dollars had to pay their fair share.
And imagine if we stopped giving subsidies to various corporations, such as Musk’s companies?