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| New to the newsletter? Subscribe to The Daily Money to get the best consumer and financial news from USA TODAY delivered to your inbox every weekday morning. And give our news-inspired Spotify playlist a listen. It features every song quoted here. |
| Good morning and happy Friday, Daily Money readers. Jayme Deerwester here with you, looking forward to an April weekend without snow. (Read the room, winter, we're tired of you.) |
🚨 The latest on Elon Musk and Twitter 🚨 |
| Elon Musk, who this week offered $41.3 billion to buy Twitter, is one of the social media platform's power users with more than 80 million followers. He's also been one of the company's biggest critics. |
| In a letter accompanying his offer, Musk a self-described "free speech absolutist," hinted he would return Twitter to its roots as "the free speech wing of the free speech party." That's endeared him to Republicans who feel Twitter has muzzled conservative speech – most famously by permanently banning former President Donald Trump after the Jan. 6, 2021, attacks on the U.S. Capitol. |
| So what might Twitter look like if Musk was running the show? |
| Analysts warn that making Twitter a free speech free-for-all could harm its business. They say with no buffering of hateful, offensive or extremist posts, individual users would be less likely to frequent Twitter. |
| Advertisers and publishers, concerned about their messages being paired with problematic posts, also want content standards, even if that means the platform has fewer users and is less popular, said GroupM analyst Brian Wieser. |
| "Twitter works because it has limits, terms of service, rules. A 'free speech' board where anything goes will immediately be infested by spam, scams, racism, Nazis, trolls with nothing else to do, and hate speech," conspiracy theory and QAnon expert Mike Rothschild tweeted. "It would be worthless and impossible to use." |
📰 More headlines you can't miss 📰 |
| TAX DAY FOOD DEALS: Cash in on specials from Firehouse Subs, Kona Ice, McDonald's. |
| WHAT'S OPEN ON EASTER? Walmart, Home Depot and Dunkin Donuts' will be open; Target and Costco are closed. |
| TOYOTA RECALLS 460,000 VEHICLES: List includes RAV4 Prime and Hybrid models, Highlander HV, Lexus LX 600. |
| HISTORIC DATE: Wind power produced more electricity than coal and nuclear sources for first time ever on March 29. |
| STAYING IN TOUCH WHILE ABROAD: You don't have to depend on your cellphone's pricey roaming plan anymore. Here's how to save. |
💲 Taxes: The clock is counting down💲 |
| We are officially in tax season crunch time, with 2021 returns due this Monday, April 18. Here's everything you need to know if you haven't filed yet, as well as a look at what happens when you file late but are owed a refund. |
| So why do some people wait until the last minute, anyway? We'll examine that in the final tax season newsletter this Sunday. |
| "The most common reason for waiting is people are afraid they're going to owe and they don't know how they're going to afford it, which is just an expensive mistake," says Jo Willetts, director of tax resources at Jackson Hewitt. |
| How expensive? It's a 5% penalty per month until you file your return, and a 0.5% monthly penalty if you have a balance due and don't pay on time. |
🎧 Mood music 🎧 |
| It's the 11th hour for tax procrastinators so I picked a song with a note of urgency: 30 Seconds to Mars' "Do or Die." |
| "Fate is coming, that I know. Time is running, got to go." |
| LISTEN WHILE YOU WORK: You can hear just about every song quoted in the newsletter on the Daily Money Mood Music playlist on Spotify. |
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