Move further unwinds initiative to crack down on anti-competitive practices in agriculture, drugs and labor

Donald Trump on Wednesday revoked a 2021 executive order on promoting competition in the US economy issued by Joe Biden, the White House said.

The move by the Republican US president further unwinds a signature initiative by his predecessor, a Democrat, to crack down on anti-competitive practices in sectors from agriculture to drugs and labor.

The justice department welcomed Trump’s revocation of the order, saying it was pursuing an “America first antitrust” approach focused on free markets instead of what it called the “overly prescriptive and burdensome approach” of the Biden administration.

      • stringere@sh.itjust.works
        10·
        6 days ago

        What’s your plan for next May when they come to garnish wages for back taxes?

        Genuinely curious as we’ve considered this but as much as we would love to stop funding this regime we also realize we could lose our house and have wages garnished.

        • AlecSadler@lemmy.blahaj.zone
          4·
          5 days ago

          So far…they won’t. Right now I have a super cheap payment plan with the IRS for back taxes and each year the underpayment just gets tacked onto the balance. I have written correspondence that my agreement with them stands and I just keep making the minimum payments.

          My friend has been doing this for like 6+ years and owes into the six figures. Granted the rules with this admin could change on a whim…

          …but also half my jobs are 1099 so it’d be more difficult for them to garnish wages when there are no taxes taken out upfront. And with my 1099 gigs changing regularly tracking them down quickly could also be tough.

          I suppose I could have my bank accounts commandeered though. Maybe I should look into off-shoring…

          I also have no assets. No home, my car is a lease, etc. - so I’m not super worried short of being disappeared. In your case with the house and stuff I can understand the risk being a bigger deal for sure.

          • stringere@sh.itjust.works
            3·
            5 days ago

            That is awesome. I wish we could do the same without so much risk. I would have ready done it if I didn’t have children to worry about…which is, of course, according to plan; keep us all on the margins with no wiggle room so any upset is a disaster thereby ensuring domestic tranquikity through stress and fear.