{"id":15727,"date":"2025-06-03T02:16:14","date_gmt":"2025-06-02T20:46:14","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=15727"},"modified":"2025-06-03T02:16:14","modified_gmt":"2025-06-02T20:46:14","slug":"trumps-tax-package-is-a-disgusting","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2025\/06\/03\/trumps-tax-package-is-a-disgusting\/","title":{"rendered":"Trump&#8217;s Tax Package is a Disgusting Abomination,&#8221; According to Musk"},"content":{"rendered":"<p>Elon Musk has criticised President Donald Trump&#8217;s hallmark tax and spending plan, calling it a &#8220;disgusting abomination&#8221; and stating that he &#8220;can&#8217;t stand&#8221; the legislation. The House of Representatives approved the plan in May and includes multi-trillion dollar tax benefits, increased defence expenditure, and increased borrowing capacity for the US government. In a Tuesday post on X, Musk stated, &#8220;Shame on those who voted for it.<\/p>\n<p>After 129 days working with his staff, Doge, to reduce expenditures, the tech tycoon unexpectedly departed the administration last week. He earlier referred to the idea as &#8220;disappointing,&#8221; but this is the first time he has publicly disagreed with Trump since leaving office.<\/p>\n<p>Despite Trump&#8217;s declaration that &#8220;he will, always, be with us, helping all the way,&#8221; the South African tech billionaire&#8217;s tenure in the Trump administration ended on May 31. In its current form, the bill, which Trump calls the &#8220;big beautiful bill&#8221;, is predicted to raise the budget deficit, or the gap between government spending and revenue, by around $600 billion (\u00a3444 billion) in the upcoming fiscal year.<\/p>\n<p><strong>Also Read:<\/strong><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/musk-says-trumps-tax-and-spending-plan-has-disappointed-him\/\">Musk Says Trump&#8217;s Tax and Spending Plan Has Disappointed Him<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/india-sentences-a-wedding-bomb-killer-to-life-in-prison\/\">India Sentences a &#8220;Wedding Bomb&#8221; Killer to Life in Prison<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has criticised President Donald Trump&#8217;s hallmark tax and spending plan, calling it a &#8220;disgusting abomination&#8221; and stating that he &#8220;can&#8217;t stand&#8221; the legislation. The House of Representatives approved the plan in May and includes multi-trillion dollar tax benefits, increased defence expenditure, and increased borrowing capacity for the US government. In a Tuesday post [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-15727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/15727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=15727"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/15727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=15727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=15727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=15727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}