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Elon Musk Asks if IRS Funding Should Be 'Deleted'
Elon Musk has asked social media users if funding for the Internal Revenue Service (IRS) should be "deleted" in a poll on X, formerly Twitter. "The IRS just said it wants $20B more money," Musk, who has been appointed to co-lead the informal Department of Government Efficiency under President-elect Donald Trump, wrote on X.
Elon Musk asks if the IRS should be ‘deleted’ after agency begs for $20 billion
The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the agency should be “deleted” altogether.
Elon Musk wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” the billionaire tech executive running the “Department of Government Efficiency” said in an early-morning post on X.
Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process.
1d
on MSN
IRS Risks Losing $20 Billion Under Donald Trump
U.S. Treasury officials are urging Congress to release $20 billion allocated for IRS enforcement before Trump takes power.
SCOTUSblog
23h
Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments
When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to ...
2d
on MSN
IRS Enforcement Money Has Unexpected $20 Billion Hole
Biden administration officials are rushing to address quirk in congressional funding before they leave office.
2d
on MSN
The IRS is at risk of losing $20 billion in funding without legislative intervention
U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative ...
2d
IRS funding cut would increase US deficit, slow service
Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by ...
Summit County
1h
The National Repertory Orchestra can now accept Colorado Gives Day donations after a bump in the road
The National Repertory Orchestra had originally thought it was unable to participate in the Colorado Gives Day campaign going ...
Accounting Today
1d
Notable 401(k) and IRA plan changes for 2025
The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will ...
businessday
7h
Anambra targets N10bn monthly revenue from taxes
The Anambra State Internal Revenue Service (AIRS) has set a target of N10 billion monthly income from tax payments. Greg ...
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Elon Musk
Donald Trump
IRS
United States Congress
Scott Bessent
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