-
Eaton fire victims slam State Farm for rate hikes, delayed claims - 19 mins ago
-
‘RuPaul’s Drag Race’ Final Four on Growth, Gowns and Grit: ‘We Already Made It’ - 23 mins ago
-
Ohio man accused of restraining and abandoning toddler with special needs for hours - 30 mins ago
-
Nebraska coach Matt Rhule replaces spring game with ‘The Husker Games’ - 40 mins ago
-
Pistons’ Malik Beasley Takes Massive Shot at Knicks Star Ahead of Playoff Series - about 1 hour ago
-
Eli Lilly says GLP-1 pill for diabetes and weight loss effective in study, plans to seek FDA approval - about 1 hour ago
-
Camera footage caught him shooting his girlfriend in broad daylight - about 1 hour ago
-
Athletics vs. White Sox Highlights | MLB on FOX - about 1 hour ago
-
Who Is FSU Shooting Suspect Phoenix Ikner? What We Know - 2 hours ago
-
Some U.S. states want to ban food stamp recipients from buying soda and candy. Here’s why. - 2 hours ago
Elon Musk’s Brother, Kimbal, Blasts Trump’s Tariffs: ‘Permanent Tax’
Kimbal Musk, the younger brother of Elon Musk, criticized President Donald Trump’s tariffs in a post on X, formerly Twitter Monday, describing them as a “structural, permanent tax on the American consumer.”
He also said that Trump is shaping up to be “the most high-tax American President in generations.”
Kimbal Musk posted, “Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making all things.
A tax on consumption also means less consumption. Which means less jobs. Which in turn leads to less consumption. And then even less jobs.
America has incredible strengths. We should play to those strengths, and not be forced to play to our weaknesses. Same with the rest of the world.”
AFP/Getty Images
Who is Kimbal Musk?
Kimbal Musk is an entrepreneur, restaurateur and philanthropist known for his work in sustainable food and urban farming. Born in South Africa and the youngest brother of billionaire Trump ally Elon Musk, he co-founded The Kitchen Restaurant Group, as well as nonprofit organizations such as Big Green and Square Roots, which focus on building community gardens and promoting local, healthy food systems.
In addition to his culinary ventures, Kimbal has served on the boards of Tesla and SpaceX.
This is a developing news story and will be updated as more information is available.
Source link