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Elon Musk: “All government spending is taxation.”

Featuring: Elon Musk, Senior Advisor to the President, Head of Department of Government Efficiency | National

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Elon Musk at NYC Trump Rally FULL SPEECH

Published | Video Starts at 00:57

Well, I think we can do at least. Two trillion. Yeah. Yes, two trillion. I mean, at the end of the day, you're being taxed. You're being taxed. All government spending is taxation. So whether it's direct taxation or all government spending, it either becomes inflation or it's direct taxation. Your money is being wasted, and the Department of Government Efficiency is going to fix that. (00:57–01:00)

CLAIM

Asserts that all government spending equates to taxation, either directly or through inflation.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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