Tag Archives: Unite States

The Register: DOGE worker’s old creds found exposed in infostealer malware dumps

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Developer and journalist Micah Lee reported last Thursday that he found a whopping 51 data breach records and four infostealer log dumps associated with DOGE employee Kyle Schutt on data breach tracking service Have I Been Pwned (HIBP) – which is unnerving as Schutt has access to sensitive government data at the Federal Emergency Management Agency.

As Lee pointed out, 51 breach records on HIBP is a lot, but excusable because while Schutt’s info was found in records associated with a 2013 Adobe breach, the 2016 LinkedIn breach, and Gravatar’s 2020 breach, none of those incidents involved Schutt’s personal machines.

What is attributable to a lapse of security hygiene, however, are the four infostealer logs that link to Schutt. Such logs contain usernames and passwords stolen by infostealer malware, suggesting one or more of Schutt’s computers were compromised at some point.

DOGE worker’s old creds found in malware data dumps
Infosec in brief: PLUS: Celsius scammer sent to slammer; Death-by-hacking victim warns you’re never safe; and more

https://www.theregister.com/2025/05/12/doge_cyber_experts_creds_found

Moneywise: Trump wants to ‘abolish’ the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?

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“Donald Trump announced the External Revenue Service, and his goal is very simple: to abolish the Internal Revenue Service and let all the outsiders pay,” U.S. Commerce Secretary Howard Lutnick told Fox News on Feb. 19. The idea is that once the budget is balanced, taxes will be waived for Americans earning less than $150,000 a year.

However, the flaw in this plan is that tariffs are not paid by “outsiders.” Rather, tariffs are a tax placed on imported goods and services.

“When the U.S. imposes tariffs on imports, businesses in the United States directly pay import taxes to the U.S. government on their purchases from abroad,” according to the Tax Foundation. During Trump’s first term, “the economic evidence shows American firms and consumers were hardest hit by the Trump tariffs.”

At the same time, it would be hard to replace the revenue collected from income taxes with revenue from the planned tariffs. According to a study by the Peterson Institute for International Economics (PIIE), a non-partisan research group, the U.S. imported $3.1 trillion in goods in 2023 while raising about $2 trillion through individual and corporate income taxes.

This means it would be nearly impossible to replace income taxes with tariffs, since the tariff rate would have to be “implausibly high,” according to PIIE. The institute determined that even at a “revenue-maximizing tariff rate,” the U.S. could raise only a fraction of what it raises with income taxes.

Trump wants to ‘abolish’ the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
Some suspect the president is “dismantling” the IRS for this reason.

https://www.msn.com/en-us/money/taxes/trump-wants-to-abolish-the-irs-and-replace-federal-income-tax-revenue-with-tariffs-on-imports-how-would-such-a-move-affect-middle-class-americans/ar-AA1Et0kV