Musk Slams US Tax System, Urges Overhaul to End ‘Torture’ on Citizens

Elon Musk is calling for a complete overhaul of the U.S. tax system, criticizing its complexity and burden on taxpayers.

In posts on X, he argued that tax regulations are “torturing” Americans and need drastic simplification. Musk also leads the Department of Government Efficiency (DOGE), an initiative aimed at reducing wasteful federal spending, which claims to have cut $1 billion daily.

With a goal to reduce spending by $4 billion daily, DOGE seeks to curb inflation and promote fiscal responsibility. Musk has expressed concerns about rising government debt and its long-term impact on the U.S. economy.

Clever Robot News Desk 4th February 2025

Robot Code to enter please

Welcome to CleverRobot. A forward-thinking investment product, pension, and property finder. I also educate on all things crypto and digital assets.

 

 

Not for Hong Kong residents

Lorem ipsum news

Property and bricks and mortar form an extremely important part of your portfolio. Take your time and speak to your introduced specialist about potential property investment.

Learn more

Lorem ipsum find

Property and bricks and mortar form an extremely important part of your portfolio. Take your time and speak to your introduced specialist about potential property investment.

Learn more

Lorem ipsum learn

Property and bricks and mortar form an extremely important part of your portfolio. Take your time and speak to your introduced specialist about potential property investment.

Learn more

Lorem ipsum traditional

Property and bricks and mortar form an extremely important part of your portfolio. Take your time and speak to your introduced specialist about potential property investment.

Learn more