CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Cryptopolitan 2025-03-05 17:40:40

Elizabeth Warren says Trump, Musk, and DOGE are aiding the wealthy to cheat on their taxes

Senator Elizabeth Warren has accused former President Donald Trump and billionaire Elon Musk of aiding the wealthy in avoiding taxes. She believes the Trump and Musk are pressing the Internal Revenue Service (IRS) to reduce the workforce to obscure tax delays for billionaires in America. On Wednesday, Warren reposted an article from the Associated Press on X with the quote: “ Donald Trump and Elon Musk are happy to make you wait for your tax refund, just so the wealthy can cheat on their taxes. How is that efficient? ” The AP news talked about a potential IRS staff cuts that could eliminate nearly half of its workforce. According to sources familiar with the situation, the agency is drafting plans to reduce its workforce through layoffs, attrition, and incentivized buyouts. As previously reported by Cryptopolitan, the IRS currently employs approximately 90,000 workers across the United States. Data from the office’s records shows that 56% of its workforce consists of people of color, and 65% are women. In February, around 7,000 probationary employees, those with one year or less of service, were already laid off as part of the downsizing effort. Trump’s administration plans to shrink the federal government is led by Musk’s Department of Government Efficiency. The department was created to overhaul federal agencies and is now pushing for a reduction in government employee numbers, including nearly all probationary workers who have yet to secure civil service protections. Warren condemns Trump’s tax policies In a video posted after Trump’s State of the Union address on Tuesday, she called the US President’s remarks “layers and layers of ugliness, distraction, and crazy stories that would make a fact-checker’s head explode.” Donald Trump is handing our country over to a handful of billionaires. pic.twitter.com/jtrZyp9gB6 — Elizabeth Warren (@SenWarren) March 5, 2025 “ I think Trump and Republicans in Congress have a plan to cut taxes for billionaires and to make everyone else pay for it, ” Warren said. “ And the best way to slip through a plan like that is to throw up a handful of sand after another, hoping that nobody will actually see what’s happening. “ She went on to accuse Trump of handing America over to “a handful of billionaires.” At a press conference held yesterday evening, Warren was joined by Boston Mayor Michelle Wu, Senator Ed Markey, and the Massachusetts Congressional Delegation. Among those joining Warren was Doug Kowalewski, a former National Science Foundation employee from Wellesley. Kowalewski was among those unexpectedly dismissed as part of the workforce reductions initiated by Musk’s Department of Government Efficiency. He had previously shared his story at Warren’s town hall in Framingham, Massachusetts. The group condemned what they described as Trump’s agenda to benefit billionaires at the expense of working-class Americans. Warren referred to the first six weeks of Trump’s new administration as a “sandstorm of chaos,” arguing that the “distraction tactics” were meant to push through trillions in tax cuts that would gut healthcare, Social Security, and other programs that “mommas, daddies, babies and seniors rely on.” Warren: ‘Billionaires win, families lose’ Continuing with her statement , Warren pointed a finger at Trump and Musk for systematically dismantling the federal government to serve the interests of the wealthy. “ Trump and his unelected co-president Elon Musk are dismantling our government, piece by piece so that it works better for those same billionaires and worse for everyone else ,” she said. “ The whole Republican plan fits on a bumper sticker: Billionaires win; families lose .” She further accused Trump of failing to deliver on promises to lower costs, instead slashing funding for medical research and laying off government employees responsible for airline safety, nuclear materials security, and food inspection. On Wednesday morning, she doubled down on her stance against the alleged tax breaks for the wealthy, posting on X: “ I won’t vote to give tax breaks to billionaires. “ Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine