DOGE's big shake up of the federal government: Elon Musk and Vivek Ramaswamy to make this move first

Elon Musk and Vivek Ramaswamy are planning a major shakeup of the U.S. federal government by developing a free mobile app for filing taxes. This move is part of their effort to reduce government spending and cut down on bureaucracy, an initiative under their Department of Government Efficiency (DOGE).

The Plan to Create a Tax Filing App

Musk and Ramaswamy’s group, focused on cost-cutting, is considering the creation of an app that would allow Americans to file taxes for free. This idea has gained attention after it was reported by The Washington Post. The potential launch of such an app has caused stock prices of tax services like H&R Block and Intuit, the maker of TurboTax, to drop significantly—8% and 5%, respectively.

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The Inflation Reduction Act and Its Impact

The app idea is seen as an extension of the IRS’s new Direct File system introduced by President Biden’s Inflation Reduction Act. This system, which started in February, allows taxpayers to file their taxes for free. Over 100,000 taxpayers have already used it this year. However, the system faced strong opposition from Republicans when it was first proposed.

DOGE’s Goals and Future Plans

Musk and Ramaswamy, both long-time supporters of Donald Trump, have been tasked with leading an advisory commission to cut government regulations and spending. They have ambitious goals, including slashing $2 trillion from the federal budget and eliminating entire government departments. However, experts have expressed doubts about the feasibility of these goals.

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DOGE’s Growth and Online Activities

Since the announcement of DOGE, Musk’s social media platform X has become a hub for the group’s activities. DOGE’s official account is hiring "small-government revolutionaries" and has even proposed an online leaderboard to track wasteful government spending.

FAQs:

What is Elon Musk and Vivek Ramaswamy’s tax app plan?
Elon Musk and Vivek Ramaswamy are developing a free mobile app that would allow Americans to file their taxes without paying for services like H&R Block or TurboTax.

What is DOGE, and what is its role in this plan?
DOGE stands for the Department of Government Efficiency, a group led by Musk and Ramaswamy. The group’s goal is to reduce government spending and bureaucracy, including tax-related services.