Morning Wire Costs Skyrocket & Hunter Biden Taxes | 5.12.22
May 12, 2022
Prices are soaring, with inflation hitting 8.3%, particularly in travel and food sectors. The discussion shifts to Hunter Biden's financial troubles, including $2 million in unpaid taxes and the implications for the Biden family. The investigation raises concerns about potential indictments linked to undisclosed foreign income. Meanwhile, Elon Musk weighs in on the controversial Twitter ban of Donald Trump, questioning its impact on free speech and trust in social media. It's a whirlwind of current events and political intrigue!
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Inflation Remains High
- Consumer prices continue rising at a near-record pace, impacting various products.
- Airline tickets saw the largest one-month price surge since 1963, up 18.6% in April alone.
Hunter Biden's Taxes Paid
- Hunter Biden's delinquent taxes, totaling $2 million, were paid by Hollywood attorney Kevin Morris.
- This raises questions about potential favors or expectations in return.
Musk on Trump Twitter Ban
- Elon Musk stated he would reverse Donald Trump's Twitter ban, deeming it a morally bad and foolish decision.
- He believes permanent bans undermine trust in Twitter as a platform for free speech.
