Donald Trump Wants to Make Elon Musk Head of ‘Government Efficiency Commission’

Sponsored
Sponsored

Donald Trump said today that, if elected, he plans to create a special commission tasked with auditing Government institutions. The new organization would be headed by no other but billionaire supporter Elon Musk.

Elon Musk Will Audit the US Government?

What was first brought up as a suggestion in the conversation between Donald Trump and Elon Musk on X earlier on August 12th might be coming to fruition if the Republican candidate wins the elections.

Today, Trump said that he would establish a ‘government efficiency commission’ that would be headed by Tesla’s boss Elon Musk.

People familiar with the matter have reportedly told Reuters that the former president has not taken this idea lightly and has been discussing it for weeks. Today, however, during his speech to the New York Economic Club, was the first time he had publicly endorsed it.

I will create a government efficiency commision tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reform,” he said.

Cutting Corporate Taxes

The United States currently imposes a tax on the profits of US-resident corporations. The rate is 21%, which was reduced from 35% in 2017 by the Tax Cuts and Jobs Act.

Now, Donald Trump says that he will further reduce the corporate tax and make it 15%. However, it’s important to note that this would only apply to companies that are manufacturing domestically.

The post Donald Trump Wants to Make Elon Musk Head of ‘Government Efficiency Commission’ appeared first on BitcoinLinux.

Go to Source
Author: NixCoin

kryptonew

Share
Published by
kryptonew

Recent Posts

Bitcoin ETF Attracts $75M as Goldman Sachs Calls December Fed Rate Cut

Bitcoin ETF demand returned on November 4 as Bitcoin recovered above $81,000, but Wall Street’s…

19 minutes ago

Injective (INJ), PEARL and Zcash (ZEC) Surge as Crypto Traders Return to Altcoins

Injective (INJ), PEARL, and Zcash (ZEC) are gaining attention as crypto traders return to altcoins,…

3 hours ago

CZ Pardon Faces New Democrats Scrutiny A Week After $6.3B Binance Hack

Democrats are continuing their investigation into Changpeng Zhao, known as CZ, pardon as Binance faces…

4 hours ago

Polygon Crypto Gains Momentum as Binance & Polymarket Seek $7M Recovery

Polygon is approaching a critical price level as a proposed crypto hard fork puts the…

6 hours ago

Live – Is Trump Media Selling Bitcoin? Democrats Prepare Crypto Probe

Trump Media has moved $343 million in Bitcoin to Crypto.com, raising fresh questions if Donald…

6 hours ago

Apex Group and Chainlink Demonstrate Swift-Aligned Token Compliance

Key Highlights Apex Group, Chainlink, T-REX Network, and the ERC-3643 Association demonstrated a compliance framework…

13 hours ago

This website uses cookies.

Read More