-
Elon Musk's DOGE Saves $160 Billion But Could Lead To Billions In Hidden Costs For Taxpayers, Warns New Analysis: 'Public...Will End Up Paying For This'
Monday, April 28, 2025 - 5:59am | 627The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has reportedly saved $160 billion by eliminating wasteful government spending. However, a recent analysis reveals the amount that DOGE’s actions will cost taxpayers. What Happened: The analysis, conducted by the...
-
IRS Warns Of 'Unscrupulous' Tax Preparers 'Misrepresenting' Clean Energy Tax Credits
Tuesday, July 23, 2024 - 12:14pm | 454The Internal Revenue Service (IRS) is warning taxpayers against a new tax-preparer scam involving certain tax credits. “In this latest scam, the IRS is seeing instances where unscrupulous tax return preparers are misrepresenting the rules for claiming clean energy credits under the Inflation...
-
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
Tuesday, August 1, 2023 - 5:07pm | 503The sudden cessation of operations by the trucking titan, Yellow Corp. (NASDAQ:YELL), may lead to financial losses for American taxpayers, highlighting the inherent risks of government aid to corporations. Government’s Lifeline To Yellow And Its Implications In 2020, during the peak of the...
-
If Prices Of Crypto Assets Goes To Zero, 'Don't Expect Tax Payers To Socialize Your Losses,' Says Federal Reserve Governor
Friday, February 10, 2023 - 5:36pm | 494Federal Reserve Gov. Christopher Waller on Friday warned taxpayers in the U.S. to not expect any sympathy from the government should the prices of cryptocurrencies they invest in end up crashing. What Happened: Waller also emphasized the need for banks to be fully aware of the...
-
Taxpayers Fill Apple's Deep Pockets
Monday, May 21, 2012 - 9:40am | 427Do Apple retail outlets provide a guarantee of economic growth? And if so, should taxpayers be forced to ensure they come to town? That could soon become a major political debate as rumors swirl that Salt Lake City is offering Apple (NASDAQ: AAPL) the chance to build at least one new store without...