Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sigh. How much did cutting direct file really save?!


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.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: