Skip to content
Thread
Out
Recently unrolled
Topics
How it works
Unroll
Tax
1 unrolled thread about tax, each one readable on a single page.
Mar 18, 2025
Elon Musk isn't going to save the government any money. It's the opposite, in fact. He's currently pursuing a move that could blow a multi-trillion-dollar hole in the federal budget and let billionai...
Summary
Elon Musk's proposal to cut IRS workforce in half would cost the federal government $2.4 trillion in lost tax revenue over 10 years by making it easier for billionaires to evade taxes while increasing wait times for regular taxpayers' refunds and audits. The move prioritizes wealth protection for the ultra-rich over fiscal responsibility and middle-class financial wellbeing.
6 tweets
1 min read