Saturday, 8 February 2025

Humble Thoughts

 1.  It kinda hit me yesterday....back in November....I voted for the felon-guy, the hillbilly-ex-Marine, the mad-scientist-turned-rocket-geek, and this kid named 'Big Balls'.  

It was a overwhelming feeling....like I'd assembled the Avengers to go off and save something.

2.  Amazing....paper straw mandate gone.  Plastic straws back in fashion.

3.  Crazy stuff out of NY City.  Apparently, with all the ICE business going on and illegals evaporating....suddenly, the 'rich'  have a problem....their marginally paid maids/nannies are gone.  I get the impression....the 'rich'  weren't really that rich to start with.

4. Some report came up.....over a interview with a US government employee....he had some 19-year-old DOGE guy engage him in a 15 minute interview....basically to “justify their existence.” After that....there was a fire/no-fire 'X' written down.

Personally, I think the story is BS.

However, if you are a US gov't employee, and you really don't have more than a 3 inch by 5 inch card of information about what you do....you probably don't have a real job.

5.  On taxable income and refunds for 2026?  At this point....whatever your tax bill is for spring of 2025....I would imagine Elon's crew will cut around 30-to-50 percent of governmental spending.  So if  your fed-tax bill was $7k....next year....you might want to expect this to be in the range of $3.5k to $4k.

But here's the thing....all this Elon magic going on...is aimed at the fed-level.

What if Trump sends the audit team to states/cities, and says....your fed-funding ends unless you agree to allow Elon's audit crew to view your cash flow?

Well....that $10k you pay for property tax,  state income tax, and crazy local fees?   That's likely to dissolve by 50-percent.

So, I'll predict....Elon's audit folks get deeper into the mess in 2026.