Trump Makes it Easier for Wealthiest Americans to Cheat on Taxes, While Endorsing Cuts to Your Health Care

This week, Donald Trump’s billionaire first agenda of making his wealthy backers, including his biggest campaign donor Elon Musk, richer and leaving working Americans to foot the bill was in full form. Trump reportedly fired 6,700 IRS employees who are “by and large people who ‘go after tax evasion.’” And in doing so, he will make it easier for the wealthiest Americans to skirt paying their fair share in the middle of tax season.

Last year, an IRS report found tax evasion by millionaires and billionaires is costing the U.S. Treasury $150 billion a year – and it’s likely to rise with Trump’s removal of IRS enforcement staff. That explains why his agenda is expected to “add trillions more” to the U.S. debt. 

To pay for it, Trump and Republicans in Congress are plotting cuts to 79 million Americans’ health care, as well as gutting hospitals and community health centers, which millions more depend on. Trump started the week by deceptively claiming Medicare and Medicaid wouldn’t be touched – despite his track record of trying and failing to axe its critical funding in his first term. Then, he quickly reversed course by endorsing House Republicans’ budget plan, which “seeks as much as $880 billion in Medicaid cuts over the next decade.” Even some House Republicans are conceding their proposal would “slash programs that support American communities across our nation.” 

Donald Trump’s playbook is clear: make it easier for himself, Elon Musk, and his donors to pad their bottom line, do nothing to bring down costs for average Americans, and leave them to pay the price with dramatic cuts to their health care.   

Meanwhile, more red flags are piling up on Trump’s nominees and cabinet of sycophants: 
  • Howard Lutnick’s confirmation ticks up the number of conflicted billionaires appointed in Trump’s cabinet: This week, Senate Republicans confirmed yet another billionaire member of Donald Trump’s cabinet. Commerce Secretary Howard Lutnick steps into his role with a number of conflicts of interests that his children will likely oversee as they run his multi-billion-dollar empire. Lutnick reported massive interests in cryptocurrency, computer chipmaker Nvidia, and the satellite industry – presenting unavoidable conflicts of interest with the sprawling Department’s oversight, rules, and research of each of these industries. Lutnick has also given his “full-throated support” for President-elect Trump’s proposed tariffs which would drive up everyday costs for Americans.  

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