Summary
Mass firings at the IRS under the Trump administration threaten ongoing audits of wealthy individuals and corporations, potentially leading to millions in lost tax revenue.
The cuts primarily impacted employees in the Large Business & International Division, many of whom had extensive tax expertise.
With fewer agents and specialists, complex cases may be prematurely closed, undermining enforcement against high-end tax evasion.
Critics warn this weakens IRS oversight and emboldens tax avoidance among the ultrawealthy.
It doesn’t make sense to me because there are fewer ultra wealthy people in America than there are poor people.
so with staff getting cut in half, you’d think it would be better to focus on the smaller group.
Smaller group with more to pay. It’s a no-brainer if you’re acting in good faith and not a complete moron. So obviously not what the current administration is going to do.
I can only assume it’s because rich people’s audits are highly complex
Auditing the less wealthy is already automated.
This is just the continued pushing of the tax burden onto the middle class. Which really got started good under Reagan. I think this is just the result of the uneducated GOP supporters winning this election. Now it is just a constant flood of them having no idea how government functions while ruining stuff for the rest of society,
And low info,.plus bigotry too.
But they’re winning! And fucking over “the libs” at the same time!