If Musk and Ramaswamy are serious about cutting government spending, they should start with the tax code. This sounds counterintuitive - taxes are where we raise money, not spend it - but in fact, we spend approximately $1.7 trillion each year through the tax code.
This spending - disguised as deductions, exemptions, and tax credits - tends to favor the wealthy in ways that would likely never be approved if proposed as direct subsidies, obscures the government's size and impact, and impedes our ability to tackle government spending.
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