Federal Government Wins Big From Twitter Sale

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Twitter logo and a rising stock graph in this illustration taken on April 25, 2022. Dado Ruvic/Illustration/Reuters

4/29/2022Updated: 4/29/2022

Commentary

Elon Musk is the best thing to happen to the U.S. Treasury since the 16th Amendment to the Constitution was passed in 1913. The 16th Amendment allowed the imposition of an income tax.

Hank Adler

Author

Mr. Hank Adler is the Burra Executive Professor of Accounting at Chapman University. He was in public accounting for almost thirty-four years, the last twenty as a partner at Deloitte & Touche.

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