Elon Musk to Lead Special Commission for Auditing Government
Donald Trump announced his plans today to establish a unique commission aimed at auditing various Government institutions, with billionaire Elon Musk set to head the new organization. The idea, initially proposed during a conversation between Trump and Musk in August, could soon become a reality if Trump wins the upcoming elections.
Plans for Government Efficiency Commission
In his recent statement, Trump revealed his intention to create a ‘government efficiency commission’ led by Tesla CEO Elon Musk. Sources suggest that Trump has been contemplating this idea for several weeks, with today marking the first public endorsement of the initiative during his address to the New York Economic Club.
- Trump outlined the commission’s role in conducting a comprehensive financial and performance audit of the entire federal government. The primary objective would be to recommend significant reforms to improve efficiency and effectiveness.
Proposal to Reduce Corporate Taxes
The current corporate tax rate in the United States stands at 21%, following a reduction from 35% in 2017 through the Tax Cuts and Jobs Act. However, Trump aims to further cut corporate taxes to 15%, particularly for companies engaged in domestic manufacturing activities.
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