The top 1% evades $163 billion in taxes each year and many Fortune 500 companies pay an effective tax rate of 0%. President Musk is cutting 6000, mostly enforcement, jobs at the IRS because he feels the rich aren’t exploiting the system enough. Grift. - ThreadSky

darrigomelanie.bsky.social • 2 days ago

The top 1% evades $163 billion in taxes each year and many Fortune 500 companies pay an effective tax rate of 0%.

President Musk is cutting 6000, mostly enforcement, jobs at the IRS because he feels the rich aren’t exploiting the system enough.

Grift.

Comments

zackhouse.bsky.social•2 days ago

Well I’m using this opportunity to commit some fraud of my own 🤷🏻‍♂️

shred18.bsky.social•2 days ago

Let’s see Musk release his tax returns

papootx.bsky.social•1 day ago

This is tax evasion by the rich.

greaterlaker.bsky.social•2 days ago

Get ready for a recession.

tejanolos32.bsky.social•1 day ago

FAA employees responsible for America's missile defense system have been fired. Do you feel safe with SpaceX and Starlink possibly taking over? Especially since they may support Putin.
https://youtu.be/SWzW0L5VkIA?si=nhF04FOuYxV22v0A

christinamkaiser.bsky.social•2 days ago

Dang, unlucky for the people who haven’t done their taxes yet also.

pauldu.bsky.social•1 day ago

We all make up the shortfall in tax revenue for the tax cheats, either through more taxes or by having less in government services

egandale.bsky.social•1 day ago

Guess we don’t have to pay taxes to elon’s government then.

dsmithson.bsky.social•1 day ago

Looping the Ukraine war in here.
In 3 years, the top 1% evaded $489 BILLION in taxes. US Department of State says the US has paid a total of $69 Billion to Ukraine in military assistance since the Russian invasion started in 2014. (2014-2025). About 70% of that $69 Bn bought US arms and never left.

gordonvincent.bsky.social•1 day ago

Where we are: a Nazi illegal immigrant, elected to nothing and holding no authority whatsoever, tells federal agencies that their employees are fired, or that their budgets are slashed, AND THEY PRETEND HE HAS THE POWER TO DO THAT.

alphagay.bsky.social•1 day ago

Gee, I might "forget" to report some income this year.

im-just-patty.bsky.social•2 days ago

#Trumpflation

lowerkey.bsky.social•2 days ago

"Thousands of MASS FIRINGS expected to start hitting the IRS on Thursday"

There, fixed it.🖕🤬🖕

gcmahdia.bsky.social•1 day ago

PASS IT ON: TRUMP IS A FILTHY , BASTARD, CRIMINAL TRAITOR ALLOWED TO RAPE, PILLAGE AND TERRORIZE AMERICA BY A COWARDLY, COMPLICIT REPUBLICAN PARTY.
WHO AMONG US IS BRAVE ENOUGH TO RID US OF THIS SCURRILOUS SCOURGE?

gtrbuff.bsky.social•2 days ago

Grifters and liars.
Trump is a cancer.

dreadedbouncer.bsky.social•2 days ago

#taxbillionaires and then.....
#AbolishBillionaires

#MedicareForAll #VoteBlueToSaveAmerica #VoteBlueToSaveDemocracy

seniordavid.bsky.social•2 days ago

Without our IRS to collect taxes we will fail as a nation. The admin. Doesn’t understand basic accounting so he isn’t worried about it. Wake-up congressman there can’t be a budget fight without income.

kisatchiebigfoot.bsky.social•2 days ago

bernieanderson.bsky.social•2 days ago

What’s to keep us from not paying? The IRS is gutted. Who’s gonna enforce tax codes? Will 20 year old tech bros come knocking on our door?

lm100.bsky.social•1 day ago

🤯

jacobmc.bsky.social•1 day ago

Biden and Harris said they wanted to hire more IRS so that the super rich stopped getting away with this, and the average American and Family would see big gains because of it. And America voted for the super rich people.

Republicans rely on dumb ignorant voters.
#USA #gop

kiwispillow.bsky.social•2 days ago

So we shouldn't bother filing our federal tax returns, right? I mean there's no one there to insist that we do, and I certainly don't want my money going to 47 and his sleazy band of crooks. Plus I'm going to need every penny to weather the very deep recession that is inevitably coming.

thefindoutfiles.bsky.social•1 day ago

This is bullshit. Why should we pay taxes if they don't?

Yet the government wouldn't hesitate to charge us penalties and or throw us in prison if we do what the wealthy and corporations do every year. They just have a legal means to do so, and we don't.

emilio-m.bsky.social•1 day ago

If they're cutting enforcement department, seems like a good time to stop paying taxes.

camsilverfox.bsky.social•2 days ago

Just In TIME for TAX Season!!

kathleenzr.bsky.social•2 days ago

My mother died 4/8/21. 6 months ago she got a bill for 9$ & change and a refund check of 92.00$.
My husband died in 2023 just received an IRS bill for 43,10$
I have not received my refund check for 2023 yet.
Let’s assume the IRS doesn’t need cuts it needs help.

chuckmccullagh.bsky.social•1 day ago

Is there any stomach in Congress to take on this egregious mendacity and plunder of the Treasury. Musk has no mandate for this pillage.

stellardays.bsky.social•1 day ago

So he, Trump, and friends won't get audited.

cindy6100.bsky.social•2 days ago

Just Great. I am executor to my partners estate & I have been waiting forever for the IRS to pay tax return refund for 2022 &2023 to pay off CNA care during hospice care. Don't know if I'll ever see the refund now!!!!

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