I Have a Suggestion for What the DOGE Guys Could Actually Do to Cut Government Spending

Politics and Government Politics and Government

Tue, December 10, 2024

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[ Tue, Dec 10th 2024 ] - Slate

I Have a Suggestion for What the DOGE Guys Could Actually Do to Cut Government Spending

^{Published on 2024-12-10 06:40:37 - Slate}

This spending
disguised as deductions, exemptions, and tax credits
tends to favor the wealthy in ways that would likely never be approved if proposed as direct subsidies, obscures the government's size and impact, and impedes our ability to tackle government spending. Let me explain.

The article from Slate discusses the potential implications of a second Trump presidency, focusing on how it might benefit figures like Elon Musk and Vivek Ramaswamy. It highlights Trump's past tax policies that favored the wealthy and speculates on how these could be expanded or altered to further benefit business tycoons. Specifically, it mentions the possibility of Trump implementing tax policies that could directly or indirectly benefit Musk's ventures, like Tesla or SpaceX, through tax incentives or regulatory changes. Additionally, the article touches on Ramaswamy's political ambitions and how his alignment with Trump's policies could lead to personal financial gains, particularly through his investments and business interests. The piece also explores the broader political and economic landscape, suggesting that such policies could exacerbate income inequality and favoritism towards the ultra-rich.

Read the Full Slate Article at:
[ https://slate.com/news-and-politics/2024/12/trump-musk-ramaswamy-doge-taxes.html ]

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