American lawmakers criticize the unfair tax system and call for taxing the wealthy.
After state-owned entrepreneur Elon Musk became the world's first trillionaire on the 12th, many political figures in the United States criticized the unfairness of the American tax system and demanded that the wealthy bear more tax responsibilities. Federal Senator Bernie Sanders said on social media that it is not worth celebrating Musk's trillionaire status, and action needs to be taken to address the unprecedented income and wealth inequality that is currently undermining American social mechanisms. Federal Representative Sara Jacobs said that the effective tax rate of the world's first trillionaire Musk is lower than that of truck drivers, firefighters, or nurses, and "we actually need to tax the rich." Federal Senator Elizabeth Warren, Federal Representative Pramila Jayapal, and New York City Mayor Zuhair Mamdani expressed similar views on social media. Musk's space exploration technology company, which he founded, went public on the Nasdaq Stock Exchange on the 12th, with its stock price rising by about 19% at the day's closing, and the company's market value exceeding $2 trillion on the same day. Musk subsequently became the world's first trillionaire.
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