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by jadbox 387 days ago
Sigh. How much did cutting direct file really save?!
4 comments

Irrelevant. Those in power don't actually care about saving money. They care about doing what their deep-pocketed donors want them to do, as well as fulfilling their ideology, however misguided and backward it may be.
It was never about saving. The new budget literally adds $2.4 trillion to the federal defecit.
It adds $2.4T MORE than otherwise would've been added (which is already a lot) over a decade.

So it's adding an extra $240B in deficit per year (on top of an already ~6-7% of GDP deficit).

It was cut because tax preparing companies pay the politicians to cut it.
It makes it more expensive. But the important figure was the million dollar bribe.