> $5.3 trillion in deficit-financed tax cuts (the combination of $3.8 trillion of tax cuts assumed to be “costless” under a current policy baseline plus $1.5 trillion in additional deficits permitted), deficit increases of $521 billion on defense and immigration spending, a minimum of $4 billion in spending cuts, and an increase in the debt limit of up to $5 trillion.
So savings plus new borrowing will be funded to tax cuts, which will likely prioritize those already on higher incomes, and corporations.
Or you can keep living in a Disney reality where uncle Scrooges are the norm and not the exception.
I'd rather believe wanting power for power's sake than this cartoon idea of an old duck diving into a pool of well-polished coins.
Truth is that beyond a few truly neurotic exceptions, the obscenely rich do use their money. Just not all in supercars and yachts, but also to influence what they can.
When's the last time you heard a billionaire say, "I've got enough money I don't need to get any more" before they're very old and looking to burnish their image with charity work?! If they were the kind of person to be ok with more money than they could spend in 10 lifetimes they wouldn't be billionaires in the first place, at least not multibillionaires.
https://www.forbes.com/sites/alisondurkee/2025/03/13/elon-mu...
I don't know, I really don't know. To this day I can't imagine the day I become a president of a big country I tell my citizens "BUY MY COINS AND THOSE OF MY WIFE!". It's difficult to imagine on so many levels. But yet this guy is doing it. So no conspiracy theory is too weird to at this point.