Markets July 25, 2026

Elon Musk Says ‘Only Way’ the U.S. Deficit Will Actually Get Paid Is by ‘Taxing the Living Daylights Out of Everyone’

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Someone always gets billed. Tesla and SpaceX CEO Elon Musk says when it comes to America’s growing deficit, the final invoice won’t land only on billionaires—it will eventually reach everyone. "The only way the deficit actually gets paid is taxing...

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