Musk created a political party, named it America Party: Both Republicans and Democrats are corrupt, the country will get freedom from the two-party system

Billionaire businessman Elon Musk on Saturday announced the formation of a new political party in the US. He has named it 'America Party'. Musk gave this information on his social media platform X. He wrote, "Today the American Party is being formed so that you can regain your independence." He also conducted a public vote on X on this. "66% of you want a new political party and now you'll get it," Musk said in his post. When it comes to destroying America and corruption, both parties (Republicans and Democrats) are the same in America. Now the country will get freedom from the two-party system. Musk posted a vote on X on July 4, U.S. Independence Day. In this, he asked, "Do you want freedom from the two-party system? In the poll results, 65.4% voted "yes" and 34.6% voted "no". What is America's two-party system? For the past 150 years, only two parties, the Democrats and the Republicans, have dominated American politics. From presidential elections to state legislatures, these two parties dominate everything. This two-party system is also considered to be the reason for the stability of American democracy. The Democratic Party was founded in 1828 during the reign of Andrew Jackson. Initially, it was considered a party of farmers and the general public. In the 20th century, he became an advocate of social welfare, economic reforms such as the New Deal, and civil rights. At the same time, the Republican Party was formed in 1854 in opposition to slavery, and Abraham Lincoln became its first president. In the 20th century, it became a party supporting trade and tax cuts. The election structure here supports a two-party system. Why is the two-party system strong? 1. First-past-the-post system: Here the first-past-the-post system applies. Whether in majority or not, the candidate who gets the most votes wins. Because of this, supporting smaller parties is considered 'vote bad'. 2. Electoral College: There is no direct voting in the presidential election. Instead, it is determined by the electoral votes of the states. It is almost impossible for third parties to win across the state. 3. Voting Entry Act: Candidates in different states have to collect thousands of signatures to get nominations. This is a big challenge for smaller parties. 4. Fund: In 2024, the Democratic Party raised $1.2 billion from public funds, while smaller parties such as the Libertarian Party could not raise even 1% of this amount. 5. Presidential debate: To be involved in the debate, the candidate needs to have 15% support in the national vote, which is almost impossible for a third party. What's wrong with Musk's One Big, Beautiful Bill? Elon Musk is a staunch opponent of Trump's One Big, Beautiful Bill. He says that this bill will increase the national debt drastically and it can increase from $ 2.4 trillion to $ 5 trillion. He says this will increase the budget deficit. He says that this bill will increase the additional burden on American citizens. He has described it as absurd and very expensive. The bill provides for removing electric vehicle tax credits and clean energy incentives, which could be fatal for Musk's company Tesla. Let me tell you that Elon Musk is originally from South Africa. He was born in South Africa and has spent a large part of his life in Africa. He moved to Canada from South Africa in 1989 at the age of 17 and later from Canada to the United States. He expanded his business a lot in America itself. Read this news too... Trump-Musk dispute escalates, threatens to stop Tesla's subsidy The future of businessman Elon Musk, considered to be a confidant of US President Donald Trump, is in danger. Trump has indirectly threatened him and said that he 'may have to close his shop'. Relations between Trump and Musk soured after he took over key responsibilities in the US administration after the election. The reason for this is said to be the policy on EV i.e. electronic vehicles. Click here to read this news further