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riderblue.bsky.social
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At a time when Americans are struggling with rising food, housing and medical costs, Trump is once again taking the hatchet to the watchdogs that are in place to stop Americans from being ripped off.
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The men sent to do hard labor in a Salvadoran prison: - A tattoo artist seeking asylum who entered legally. - A teen who got a tattoo in Dallas because he thought it looked cool. - A 26-year-old whose tattoos his wife says are unrelated to a gang. - A barber whose family says he has no gang ties.
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As you gather W-2s, 1099s, and receipts this tax season- entering your data, paying what you owe, or awaiting your refund-remember: Musk, the world's richest person, is gutting the IRS's ability to hold him and ultra wealthy people accountable–he is making it easier to game the system and cheat.
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Trump's IRS might still do audits, but they won't have the time or expertise to go after sophisticated tax cheats with complex filings and armies of lawyers and accountants. Instead, they may be more likely to go after you.
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The top 1% of earners are already responsible for nearly 30% of unpaid taxes. This number will skyrocket if Musk has his way. A 50% cut in the workforce + a substantial increase in noncompliance could mean lost revenues of $2.4 trillion/10 years, according to the The Budget Lab.
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Musk is proposing to cut the IRS workforce in half. What does this mean for you? Your refund will take longer to hit your account and you'll have a harder time resolving issues. What does this mean for billionaires? They'll be able to cheat on their taxes more easily.
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Trump and Musk don’t care about fiscal responsibility and they don't care about the wellbeing of middle-class taxpayers. They’ll rack up the deficit by making it easier for billionaires to cheat on their taxes—then come back and demand cuts to your healthcare to fix the budget mess they made.
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Thanks for hosting town halls! Please come to Deschutes County, too!