Dismantling the IRS Only Helps Billionaire Tax Dodgers (inequality.org)

submitted 4 days ago by melp@beehaw.org to c/politics@beehaw.org

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The Trump administration and Elon Musk’s DOGE have begun dismantling the Internal Revenue Service (IRS), beginning with stated plan is to cut half of the agency’s workforce.

Their biggest cuts appear to be in the Large Business and International division, which audits wealthy individuals and companies with more than $10 million in assets. These are essentially the workers that make sure billionaires and corporations pay their taxes.

Musk and Trump claim to be sage businessmen, but it would be hard to find a business owner in America that would dismantle their accounts receivable department when their wealthiest clients still owe them money.

So make no mistake: These cuts will cost taxpayers a lot more than they save.

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[-] TheButtonJustSpins@infosec.pub 17 points 4 days ago

I really hope the backlash to this is going back to the 90% tax rate on top earners in 2029.

[-] furrowsofar@beehaw.org 13 points 4 days ago

Yes. It is so blatant. I want the IRS well funded so I can call them and talk to a knowledgable person and better yet, have them figure my taxes for free, and for them to actually catch freeloaders so I am not paying their bills too.

[-] YtA4QCam2A9j7EfTgHrH@infosec.pub 8 points 3 days ago

This is the compromise position

this post was submitted on 01 Apr 2025

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