Elon Musk gives two-word reply to Hungary’s new tax relief for mothers

Hungary recently announced new tax exemptions for women as part of efforts to boost the country’s birth rate. In his State of the Nation address in Budapest, Prime Minister Viktor Orbán outlined the policy, stating that women who have one child will be exempt from income tax until the age of 30, while those with two or more children will be exempt for life. Hungarian authorities described the move as a “global sensation” and a “new chapter” in the country’s economic history. The initiative expands an existing policy that grants lifelong income tax exemptions to mothers with four or more children.