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1. If you want to find waste, fraud, and abuse, look no further than the tax cuts for the mega rich
Tue Jun 10, 2025, 02:44 PM
Jun 10

Rich people and businesses are in the business of making profitable decisions. Tax cuts, generally, merely reward already profitable decisions. They basically don't make unprofitable decisions profitable.

In other words, they largely reward rich people and businesses for doing what they were going to do anyway. That's "waste" exactly.

Yes, *some* tax cuts can make earning in the u.s. more profitable than earning in another country, so it can in theory lead to some businesses "reshoring" or otherwise growing business here instead of elsewhere. But that's a small effect compared to the massive waste involved in just giving money to rich people without even making them do anything different.


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