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Trump, Musk Tax Savings

This is a news story, published by Yahoo Finance, that relates primarily to Elon Musk news.

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Billionaire Tax Savings

GOBankingRates

GOBankingRates

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Business

Business & Economics

Trump and Musk Could Save Billions Under New Tax Plans — Will the Middle Class Pick Up the Tab?

GOBankingRates

Summary

Nutrition label

81% Informative

Budget resolution paves the way to extend the 2017 Trump tax cuts and add new breaks that largely benefit the wealthy.

Extending the 2017 Tax Cuts and Jobs Act could save Trump at least $2.7 million over ten years and Elon Musk up to $50 million in the same period.

Proponents said Americans could face tax increases totaling trillions of dollars if Congress doesn’t extend the president’s tax cuts.

Some government watchdogs warn that the bulk of benefits favor the rich.

VR Score

84

Informative language

81

Neutral language

67

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

10

https://www.gobankingrates.com/money/economy/trump-wants-to-replace-income-taxes-with-tariffs-impacts-on-middle-class/?hyperlink_type=manual&utm_term=incontent_link_3&utm_campaign=1303626&utm_source=yahoo.com&utm_content=4&utm_medium=rss https://www.gobankingrates.com/taxes/tax-laws/if-trump-reinstates-tax-cuts-how-much-save/?hyperlink_type=manual&utm_term=incontent_link_5&utm_campaign=1303626&utm_source=yahoo.com&utm_content=7&utm_medium=rss https://www.gobankingrates.com/taxes/tax-laws/trump-wants-to-eliminate-income-taxes-ways-this-could-impact-your-salary-2025/?hyperlink_type=manual&utm_term=related_link_2&utm_campaign=1303626&utm_source=yahoo.com&utm_content=6&utm_medium=rss https://www.gobankingrates.com/money/wealth/how-to-build-wealth-fast/?hyperlink_type=manual&utm_term=incontent_link_1&utm_campaign=1303626&utm_source=yahoo.com&utm_content=1&utm_medium=rss https://www.pacificresearch.org/author/wayne-winegarden/https://americansfortaxfairness.org/trump-musk-families-save-billions-republican-tax-plans/https://www.gobankingrates.com/taxes/tax-laws/trump-eliminate-income-taxes-states-that-would-benefit-least/?hyperlink_type=manual&utm_term=related_link_1&utm_campaign=1303626&utm_source=yahoo.com&utm_content=2&utm_medium=rss https://www.cbpp.org/research/federal-budget/house-republican-budgets-45-trillion-tax-cut-doubles-down-on-costly https://www.gobankingrates.com/taxes/tax-laws/how-tax-cuts-and-jobs-act-renewal-affect-your-wallet/?hyperlink_type=manual&utm_term=incontent_link_4&utm_campaign=1303626&utm_source=yahoo.com&utm_content=5&utm_medium=rss https://www.gobankingrates.com/saving-money/car/suvs-with-most-reliable-engines/?hyperlink_type=manual&utm_term=incontent_link_2&utm_campaign=1303626&utm_source=yahoo.com&utm_content=3&utm_medium=rss

Source diversity

4

www.gobankingrates.com www.pacificresearch.org americansfortaxfairness.org www.cbpp.org

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