474
IRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts
(www.independent.co.uk)
this post was submitted on 23 Mar 2025
474 points (98.6% liked)
Economics
690 readers
190 users here now
founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I seem to recall hearing Trump officials/project2025 sorts say they wanted to do away with income tax, replace it with tariffs. So, I mean, the IRS falling apart and not being able to collect income tax is sorta... on the roadmap, isnt it? Like issuing this warning is prolly just gonna be taken as a goal milestone achieved on the plan.... ??
Sure but they're also stupid meaning five minutes after they will realize why income tax was adopted. Tariffs were becoming inefficient by the time of the civil war let alone now.
And loss of trust / stability of the government makes the tech industry's push for corporate controlled 'freedom cities' much easier to get agreement on, allowing America's rich oligarchs to quite literally establish their own baronies ;P
There's a reason why company towns were being abandoned even before they were outlawed, that being excessive violence. The key feature of these dweebs is a notable lack of historical understanding. Also a decaying empire is basically the only thing backing their wealth bravo dipshits ya played thine selves, seriously most of this shit will be taught in the successor states of the US not to dissimilar to how the failures of the Soviet Union are taught in former eastern bloc countries.