Wednesday, November 20, 2024
Musk & Ramaswamy DOGE Commission Eyes Tax Filing App
Washington Post, Musk’s ‘DOGE’ Commission Eyes New App for Americans to File Taxes:
The leaders of President-elect Donald Trump’s “Department of Government Efficiency” have discussed trying to create a mobile app for Americans to file their taxes free with the Internal Revenue Service, according to two people who spoke on the condition of anonymity to describe private conversations.
Trump last week tapped billionaire Elon Musk and former pharmaceutical executive Vivek Ramaswamy to lead the “DOGE” panel and gave them two principal mandates: cut government spending and reduce federal regulations. The leaders of the group have also discussed overhauling the tax system to let Americans file their taxes through a mobile app, viewing it as an opportunity to improve how millions of taxpayers interact with the federal government, the people said. This idea is not viewed as central to the commission’s work but could still emerge as a goal, although what form its recommendations take still remains unclear. ...
Tax experts have long said such a system could provide particularly large benefits to low-income Americans, who often do not claim thousands of dollars in annual benefits because they cannot afford a tax preparer who would help them file.
Quartz, Intuit and H&R Block Stocks Tank Because Elon Musk's DOGE Wants to Simplify Tax Filing
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