Reported about 23 hours ago
As discussions emerge regarding the potential halving of the IRS workforce under Trump's administration, both tax experts and former officials express alarm. A former IRS commissioner warns that such cuts could jeopardize the agency's ability to handle tax returns, resulting in prolonged service issues and increased tax evasion. The IRS, which has already faced recent layoffs, may be significantly under-resourced, compromising its operational integrity and enforcement capabilities, especially against wealthier taxpayers. Experts argue that while streamlining IRS operations could be beneficial, inadequate staffing could lead to detrimental revenue losses for the government.
Source: YAHOO