In a major move to overhaul the Internal Revenue Service (IRS), President-elect Donald Trump’s newly established Department of Government Efficiency (DOGE), co-led by tech billionaire Elon Musk, is set to audit the agency.
Gonna happen 😂 https://t.co/QvYyGKvr2n
— Elon Musk (@elonmusk) November 27, 2024
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This move follows Musk’s vocal concerns over government spending and inefficiencies, aiming to streamline operations and eliminate waste.
Musk, alongside entrepreneur Vivek Ramaswamy, has taken on the task of reducing federal waste and reforming government spending.
One of their first targets is the IRS, which has long faced criticism for inefficiencies in its operations and the handling of taxpayer funds.
The goal of the audit is to uncover any operational shortcomings and make recommendations for reform.
In a poll conducted on X (formerly Twitter), Musk asked users whether the IRS’s budget should be increased, decreased, or eliminated. Over 60% of the 200,000-plus respondents voted to eliminate the IRS budget entirely, with only 5.6% supporting an increase and nearly 30% opting for a decrease.
The IRS just said it wants $20B more money.
Do you think it’s budget should be:
— Elon Musk (@elonmusk) November 27, 2024
Well, the public has made their view clear … 😂 https://t.co/47IGWYpjCs
— Elon Musk (@elonmusk) November 28, 2024
Musk’s inquiry follows a recent push from Treasury Department officials, who urged Congress to provide the IRS with an additional $20 billion to support its operations.
Musk’s call for greater government efficiency goes beyond the IRS audit. As part of his mandate at DOGE, Musk and Ramaswamy aim to cut at least $2 trillion from the federal budget.
Musk has been outspoken about government spending, calling for a reduction in waste across federal agencies.
This push is seen as part of the broader effort by the Trump administration to rein in excessive spending and increase accountability at all levels of government.
The IRS audit is just one of the first steps in what is expected to be a thorough review of federal agencies under the new leadership.
By focusing on the IRS, Musk and the DOGE team hope to address a longstanding issue with inefficiencies in the agency, which has been given more responsibilities over the years without proper scrutiny.
The incoming administration’s aim is to streamline government functions, making them more effective and transparent.
The conversation surrounding the IRS has recently become more contentious, especially after Treasury Department Deputy Secretary Wally Adeyemo’s plea for an additional $20 billion to be allocated to the IRS.
Adeyemo warned that without this funding, the agency would be forced to halt hiring and reduce enforcement operations, leading to an increase in the national deficit.
According to Adeyemo, the lack of funding would result in a decrease in audits for wealthy individuals and corporations, which he claims would add approximately $140 billion to the deficit.
This request for additional IRS funding comes in the wake of a shortfall created by a provision in stopgap legislation passed in September.
The legislation, designed to keep the federal government running through December, included a $20 billion cut to the IRS’s enforcement budget.
While some have backed the call for more IRS funding, critics argue that the agency’s practices have long been inefficient, and further funding could exacerbate the problem.
Musk’s approach with DOGE, including a focused IRS audit, stands in contrast to the calls for more money to be funneled into the agency.
Simplifying the tax code will increase productivity, instead of incentivizing bizarre tax-avoidance behavior https://t.co/ElMgps0tQt
— Elon Musk (@elonmusk) November 27, 2024
Musk’s mission is clear: reduce the size of the federal government and its agencies while holding them accountable for their spending and actions.
As the DOGE team moves forward with their audit of the IRS, there are high hopes for significant reform within the agency.
The goal is not only to improve efficiency but also to make the IRS more transparent and accountable to the American people.
With Musk at the helm, there is a strong push to reduce waste and ensure that taxpayer money is being used effectively.
This audit is part of a broader initiative by the Trump administration to rein in government spending and restore accountability across federal agencies.
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Musk’s efforts, combined with the backing of President-elect Trump, represent a significant step toward achieving a more efficient, transparent, and accountable federal government—one that reflects the principles of fiscal responsibility and national renewal.
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Is this the same congress that votes for their pay raises, has insider trading with all of the stock markets and are the wealthiest people in the world although they only make $100,000 a year? I’m just saying it would be good to let the IRS audit them.
Taxation is an attribute of sovereignty. That over which the taxing agency is not sovereign is not suitable to tax. A state may not tax any federal asset. A state cannot charge a sales tax on federal purchases.
Citizens are ‘guaranteed’ a Republican form of government where they are Sovereign. Art. IV, Sec. 4.
The 16th Amendment is specifically written to remove clauses on Direct and on Indirect taxes to permit tax on Citizens. Any removal of Sovereignty of Citizens is a coup. A judge who enforces a coup has violated their oath of office.
Why is there no mention of the 87,000 new IRS agents recently hired? They need 20B MORE to hire MORE agents?
The early Federal Reserve Notes, a credit [debt] extended by the privately owned Rothschild Fed, carried the covenant Redeemable in Gold. Later versions claimed Redeemable in Lawful Money. After bogus legislation in 1933, the inscription reads Legal Tender. The debt of the alleged privately owned closely held Federal Reserve Board of Governors, Inc., or some such, then became the debt of the residents of the U.S. Ref: 31USC §462.
If you wanted to determine the destination of the $36 Trillion Deficit Spending Treasury securities received by the Fed over the past 100 years, for which the Fed added $36 trillion fiat book-entry FRN’s available in govt accounting books for govt to spend, you would need to review the auctions of Treasury securities exclusively handled by the FRBNY. Those auctions, for redeeming [rolling-over] maturing securities of government money which currently handle >$16Trillion annually, have never been audited. Ref: 31 CFR §375.3.
All profit of the Fed legally belongs to the government.
Historic TreasuryDirect Institutional tabulations showed deficit spending ‘new cash’ components being broken off of auctioned redeeming securities. After auctions, they could be separated and collected for distribution to shareholders. It would take an audit of the auction transactions to confirm this theory.
A District Court in Bloomberg v Federal Reserve declared such records are subject to audit by GAO or by FOIA. The Second Circuit appellate court in 2010 affirmed the Opinion.
Without an audit, the Fed is going to force the taxpayers to pay for all securities the Fed has been unable to sell.
Whether the $36 Trillion, and a similar agenda by the EC bank, have been utilized by psychotic Rothschild globalists to fund the IMF, UN, WHO, WEF, CIA, U.S. military, political corruption, and other factions to the verge of an apocalyptic WW III may be a subject for conspiracy theorists to ponder, if we live that long.
He will try to rename the agency x.