- cross-posted to:
- politics
- politics
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- cross-posted to:
- politics
- politics
- [email protected]
Summary
Under the Trump administration’s “efficiency initiative,” spearheaded by Musk’s DOGE, over 6,000 IRS employees, many specializing in auditing wealthy individuals and corporations, were fired.
This action reverses efforts to address prior underfunding and staffing shortages within the IRS.
With studies showing the IRS generates $5-$12 for every dollar spent on audits, especially on wealthy taxpayers, experts like fired engineer Nershi argue that these cuts will reduce revenue, not save money.
Former IRS Commissioner Koskinen questioned, “why would you cut back on the revenue side?”. Critics argue these cuts, framed as fiscal responsibility, will actually cost more through lost revenue and ultimately benefit “tax cheats.”
Yes, by letting the taxpayers that would pay the most (by amount, not %) get away with paying less.
The cuts will benefit DOGE employees.
It was never about saving money. It was always about dismantling the government so that the oligarchs could carve out their own personal fiefdoms out of whatever’s left.
Correct. This was the excuse they gave the public to raid the coffers and reduce their own tax obligations.
They have never, and will never, give two shits about us.
I personally discovered 50 dependents when the cuts were announced.
And I found 20 dead grandmas in their 120s still getting a paycheck right under my kitchen sink! Can you believe this corruption??
Wasn’t hat the point? They aren’t interested in government savings, thy just want no taxes goe the rich and steal lots of money from the government. That’s it
I really wish the news would stop framing this as them making well intentioned decisions that have negative outcomes they didn’t expect.
Yeah, this. It’s all b y a mixture of evil design and sheer incompetence. The incompetence is part of the reason why things aren’t as bad yet as they could be
Sanewashing
Almost like it’s for thier benefit and not ours.
Huh, why would Elron do that? Go figure.
They wanna end the game while they’re at the top of the scoreboard.
They know this and it’s not a bug, it’s a feature.
I mean that’s the point. And by outsourcing it to a 3rd party of Musk’s college aged rubes MAGA can insulate itself from blame while fixing the system for billionaires.
Before the cuts, the IRS generated $0. After the cuts, the IRS will generate $0. Getting rid of the IRS can’t cost the US government any amount of US dollars because the US government has infinite US dollars.
To be clear, I think it’s a bad idea to cut the IRS. We should be beefing it up and tasking it with going after the rich, because taking money away from rich people is a good thing. But buying into the framing that the US needs to take money from people because it can then spend that money on something else is a mistake, and not just because it’s false. It’s bad politics. Conservatives don’t actually give a shit about government efficiency or fiscal responsibility, they just hate taxes. If it makes the deficit 10x worse they still want to cut taxes however they can. But they are happy to weaponize concern trolling about the debt and deficit to cut government programs that benefit the poor (or prevent such from coming into existence), and liberals are very susceptible to these arguments.
Isn’t the value of the dollar tied to how much money is circulating? It makes no sense to talk about infinite money if all that does is dilute what’s around.