Post AtdKF94yRWqSbMNqTY by nedhamson1@mastodon.social
(DIR) More posts by nedhamson1@mastodon.social
(DIR) Post #Atax5ud07H4zuj0YMK by cdarwin@c.im
2025-04-29T16:27:13Z
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Trump's first move in terms of taxes was to gut the IRS šøso they would not have enough personnel to audit every potential tax cheat. 20,000 IRS staffers, about 20 percent of its workforce, were cut, including the acting commissioner Musk had recently appointed. šTrumpās team is now considering even further reductions to make audits even less feasible. Auditing more returns to find fraud or mistakes to get more money to cut the national debt has not been a consideration for Trump. He is hoping that his tariffs will bring in more funds to the government to reduce the debt, perhaps a dream of his. š„He doesnāt give a damn about the effect the tariffs will have on consumers by raising prices on almost everything or the small business that will have to close because they canāt afford to buy merchandise from China with tariffs added.āļøTrump wants to use the IRS as a political tool instead of an independent agency respected by Americaās citizens regardless of party affiliation. ā ļøIn replacing some of the people he fired, he is trying to install political allies who will do his bidding in terms of going after his personal and political adversaries. As an example of his thinking, he wants to revoke Harvardās tax-exempt status, which Trump sees as a privilege and not a right. šIf he is successful in this attempt, he will undoubtedly go after other universities, and perhaps NGOs whose objectives he disagrees with, such as DEI and civil rights initiatives.https://themoderatevoice.com/285638-2/
(DIR) Post #Atax5vQHA4UkNY3uAC by jhavok@mastodon.social
2025-04-29T17:55:40Z
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@cdarwin Next Democrat President needs to mandate audits for everyone in the top 10%, and hire enough people to get it done.
(DIR) Post #AtdKF94yRWqSbMNqTY by nedhamson1@mastodon.social
2025-05-01T00:28:51Z
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@cdarwin racing back to the 1890s