Money Talks (and Listens) at Saudi Investment Forum Attended by Trump
The wealthy and the powerful gathered in Saudi Arabia with the goal of becoming even more so. “They’re going to walk away with a lot of checks,” President Trump said.
It Is Happening Every Day, Every Where
The wealthy and the powerful gathered in Saudi Arabia with the goal of becoming even more so. “They’re going to walk away with a lot of checks,” President Trump said.
The Tesla billionaire is using his social media site X to rant and accuse. The politics of rage rarely worked out well for earlier moguls.
Days after he privately encouraged Speaker Mike Johnson to increase tax for the wealthy in a bill to fulfill his agenda, he publicly said it could be a bad idea, one that was ‘OK’ with him.
The president is said to want to create a new top income bracket for people making more than $2.5 million per year and to tax income above that level at a rate of 39.6 percent.
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
Elon Musk’s electric carmaker faces serious headwinds amid his involvement with right-wing politics and the Trump administration.
Nicole Shanahan, who pumped millions into Robert F. Kennedy Jr.’s campaign last year and joined him on the ticket, is now backing an effort to remove Mayor Bass of Los Angeles.
President Trump said the cards would have “a higher level of sophistication” than green cards and cost applicants about $5 million.
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.