Oct 17, 2024 08:42 AM IST
Journalist Matt Drudge has dug up Donald Trump’s previous stance on taxing billionaires to take a dig on the Republican’s most vocal supporter, Elon Musk.
Journalist Matt Drudge has dug up Donald Trump’s previous stance on taxing billionaires to take a dig on the Republican’s most vocal supporter, mega-billionaire Elon Musk. The founding father of Drudge Report took to X final evening to share a classic New York Day by day Information cowl with the headline “Soak the Wealthy,” exhibiting a youthful Donald Trump advocating for a big one-time tax on the ultra-wealthy to assist scale back nationwide debt.
“Previous don wished tax on billionaires. From socialist to fascist,” Drudge wrote whereas sharing the previous headline on X, highlighting the shift in Donald Trump’s ideology.
He tagged Elon Musk whereas sharing the image on the social media platform. The billionaire proprietor of Tesla has but to answer the direct swipe.
Trump’s tax stance: Then vs now
Within the late Nineteen Nineties, Donald Trump proposed a one-time wealth tax of 14.25% on people with a web value exceeding $10 million. He argued this tax may assist eradicate nationwide debt.
This, in fact, is vastly completely different from the tax insurance policies he carried out throughout his time in workplace because the president of america, when his tax cuts disproportionately benefited rich people and firms. The Republican presidential candidate has additionally promised to increase his 2017 “Trump tax cuts” if re-elected.
The Democrats allege that “Donald Trump’s Mission 2025 is a harmful plan to take over our authorities and rig the system for enormous firms and rich donors.”
Elon Musk: Mars visionary to MAGA mouthpiece?
Trump isn’t the one one to have undergone an obvious change of coronary heart. Elon Musk’s public picture has additionally seen a big transformation through the years, evolving from a visionary targeted on house exploration to a outstanding supporter of right-wing causes and Donald Trump’s political agenda.
Since the previous few years, Musk has more and more amplified conservative and pro-MAGA voices on his social media platform X.
He’s one in every of Trump’s richest and most vocal supporters, with a report in The Guardian revealing that he has donated $75 million to a pro-Trump group. Nevertheless, sceptics say that Musk’s assist of Trump is extra for self-benefit than any ideological dedication, suggesting that Trump in energy may assist the billionaire save massively on taxes.
Within the midst of this, Matt Drudge unearthing the previous Trump headline on taxing the ultra-rich underscores the irony of Elon Musk’s assist.
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