The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects less taxes. “If you’re interested in the deficit and curbing it, why would you cut back on the revenue side?” one expert asks.
    • Absaroka@lemmy.worldEnglish
      7·
      20 hours ago

      Yup. The whole thing is a ruse to get rid of Income Tax in favor of Tariffs, which will essentially act as a national sales tax.

      • AA5B@lemmy.world
        3·
        17 hours ago

        But income tax is visible and unpopular, plus controlled by Congress.

        Tariffs can be applied at a dictators whim and changed at will, plus are hidden. Half the electorate won’t realize they are paying additional taxes, just blame others for high prices

  • conditional_soup@lemm.ee
    3·
    16 hours ago

    Your first mistake was taking a fascist at their word. It’s not about being fiscally responsible, and it never was, even as far back as Reagan. It was always, always about dismantling the government and turning power over to a handful of plutocrats.