Trump’s so-called Big Beautiful Bill has passed and been signed into law. What the White House has deemed an “historic” is actually the biggest transfer of wealth in the history of the United States, benefiting the already-wealthy with massive tax breaks and devastating cuts to social programs. The bill also accelerates militarization at home and abroad, with millions more in funding for ICE to terrorize immigrants in the country and the military to terrorize others outside its borders.

The bill is simply an act of class warfare against working-class and oppressed people who are already struggling against capitalism and imperialism, paving the way for even more devastation. But is Elon Musk’s new “America Party” announced on July 4th a threat to Trump or any part of the ruling-class establishment? Or is it a billionaire’s way of getting what he wants by throwing an electoral tantrum and backing a few candidates in races that may have little impact?

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