https://www.theguardian.com/us-news/...p-inauguration
President-elect would cut taxes for richest 5% of Americans and increase them for everyone else, according to thinktank
Donald Trump’s inauguration ceremony in Washington DC on Monday will have giants from across the business and tech worlds in attendance, perhaps personified most dramatically if Elon Musk, Jeff Bezos and Mark Zuckerberg sit together at the US Capitol.
Musk, the world’s richest person and a top adviser to Trump; Amazon’s Bezos; and Mark Zuckerberg of Meta will be prominently placed together near members of Trump’s cabinet, according to an NBC News report on Wednesday, continuing their rapid public swing to the right as they cozy up to Trump’s Make America Great Again (Maga) power base.
Musk became the biggest donor of the 2024 election, with the electric-vehicles and space entrepreneur contributing more than a quarter of a billion dollars to Trump’s campaign.
It was announced in November that the Tesla CEO would co-head a newly created but ill-defined entity, called the department of government efficiency, tasked with reforming the vast apparatus of federal government employees.
Musk has been accused of using the social media platform X, formerly Twitter, which he owns, to spread misinformation and propaganda to help the Trump campaign.
Bezos, the owner of online e-commerce giant Amazon and the Washington Post newspaper, broke from a long tradition and his largely hands-off attitude toward the Post’s editorial operations when he suddenly blocked his journalists from endorsing a presidential candidate, shortly before the paper was set to announce it was backing Kamala Harris for the White House – a race she lost decisively to Trump on 5 November.
The move sparked outrage, leading to resignations and a dramatic loss in subscriptions, while Bezos defended his decision. Amazon later donated $1m to the Trump’s inauguration fund, as did Meta, which owns Facebook, Instagram and WhatsApp.
Zuckerberg, the CEO of Meta, announced last week that he would be getting rid of his company’s factchecking program and boosting more political content, in a move widely seen as facilitating more conservative commentary and bending to the newly empowered Trump’s arguments that the right is censored on social media.
Zuckerberg last week also scrapped DEI policies at Meta and relaxed restrictions on speech seen as protecting groups including LGBTQ+ people.
Zuckerberg will also co-host a lavish black-tie reception on Monday alongside the Republican mega-donor Miriam Adelson to celebrate before the three inaugural balls. The event was first reported by Puck News.
Meanwhile, the OpenAI CEO, Sam Altman, announced last month that he would make a personal donation of $1m to the Trump inaugural fund.
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