https://video.nostr.build/5e53867671323d6bb2979fb6ee6d131fdda5b3a8d4e7cd48a30952f9a6409acc.mp4

It is a financial emergency ๐Ÿฆบ!

#Elon #Musk Says We Have to Cut Government Spending Immediately

"The reality is that all government spending is actually taxation. Sometimes people think some of it is taxation and some of it's not, but it's all taxation, because the part that is not covered by tax revenue becomes inflation. So you're either taxed directly or you're taxed by inflation, but you are for sure taxed. And so all government spending is taxation. So we have to reduce government spending overall. This will be forced upon us in the future because already just the interest payments on the debt are 23% of all federal tax revenue. Just the interest payments. The interest payments now exceed the Defense Department budget, which is a trillion dollars a year. That's a lot of money."

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Discussion

Pretty astounding they are even talking about this

that theory of "taxation" makes common sense combined with the debt tax we leave future generations