In a move that could redefine the art of downsizing, the Department of Government Efficiency (DOGE) is reportedly cooking up a scheme to chop the Internal Revenue Service’s (IRS) workforce by a cool 20%. The ax is set to fall by May 15, 2025, or so the rumor mill suggests.
CNN whispers that this slicing could leave 6,800 government workers out in the cold, joining the 6,700 probationary employees who’ve already been shown the door and the 4,700 IRS agents who’ve been given golden parachutes to retire in peace.
But wait! A judicial knight in shining armor, US district judge William Alsup, has ordered federal agencies to take back those probationary workers canned by DOGE’s cost-cutting tomfoolery. Could this be the spanner in the works for the layoffs? Only time will tell.
President Trump, ever the visionary, has vowed to revolutionize the tax system in the United States. Imagine a world without federal income tax, funded instead by the magic of tariffs on foreign goods. 🌍🛍️
The DOGE, helmed by the enigmatic Elon Musk, is on a quest to chop down the towering $36 trillion US national debt. Methods include but are not limited to: shrinking the federal bureaucracy and introducing cost-cutting measures that would make Scrooge McDuck proud.
In a twist that would make even the most seasoned blockchain enthusiast blush, DOGE proposed putting all public spending onchain. Transparency, thy name is blockchain!
Not to be outdone, the Securities and Exchange Commission (SEC) has decided to chop its own regional office directors to align with the Trump administration’s cost-saving whims. But fear not, the regional offices shall remain open, and the SEC has requested a hearty $2.6 billion in its 2025 budget proposal. 💰
President Trump and Elon Musk, in a moment of sheer generosity, have pondered passing on 20% of the DOGE savings to the American public in the form of stimulus checks or tax credits. Aka, “Here, have some of your own money back.”
According to the number crunchers at Dancing Numbers, Trump’s plan to eliminate federal income tax could save the average Joe $134,809 in taxes over a lifetime. And if state wage-based taxes are also scrapped, that figure could balloon to $325,561. Ka-ching! 💸
But not everyone is doing the DOGE dance. US Senator Elizabeth Warren has been particularly vocal in her criticism of Musk, Trump, and their cost-cutting shenanigans. In a bold move, she proposed increasing taxes and federal spending to make the government more efficient. Because, why not?
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2025-03-14 00:25