Could DOGE End Individual Income Taxes and Eliminate the IRS?
The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 trillion in spending. This is nearly as large as the $2.43 trillion/year in individual income tax. Tariffs were $80B/year last year. Increasing it to $500B combined with cuts in waste, fraud and adding tariffs would ...
Link :
https://www.nextbigfuture.com/2025/02/could-doge-end-individual-income-taxes-and-eliminate-the-irs.html
Link :
https://www.nextbigfuture.com/2025/02/could-doge-end-individual-income-taxes-and-eliminate-the-irs.html