This DOGE cut could actually cost the government money.Elon Musk’s cut-first, aim-later run through the federal government is predicated on the idea that the nation’s finances are in crisis and that it needs to drastically cut spending to recover. But at least one cut Musk’s team is planning will actually cost the government money, worsening the supposed fiscal crisis that the Trump administration is claiming is a national emergency.That’s Musk’s plan to cut jobs at the US Internal Revenue Service.[...]The IRS got more resources and higher tax revenues followed
None of that has proved enough for the Trump administration to save the jobs of the thousands of IRS workers now facing layoffs. Reducing the IRS workforce at a time when revenues and efficiency have been increasing may ultimately backfire, exacerbating the alleged financial crisis that Musk purports to want to solve.
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21 sats \ 2 replies \ @grayruby 27 Feb
They collected more taxes because the government printed trillions and the market ripped. It has nothing to do with the amount of IRS agents.
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40 sats \ 1 reply \ @0xbitcoiner OP 27 Feb
I enjoy reading and sharing articles that go against the grain to try to understand where common sense lies. In this case, I’d like to hear from the stackers what’s wrong with this analysis from Vox. What you mentioned could be one of those reasons.
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27 sats \ 0 replies \ @grayruby 27 Feb
Vox is essentially a communist rag now.
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10 sats \ 1 reply \ @freetx 27 Feb
Vox simping for the IRS......🤣🤣🤣
Somehow vox must be receiving gov money. It needs to be cutoff.
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0 sats \ 0 replies \ @0xbitcoiner OP 27 Feb
😂🤣
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