Summary
The IRS anticipates a $500 billion revenue loss as taxpayers increasingly skip filings following cuts from Elon Musk under Trump.
The IRS, set to downsize by 20% by May 15, has seen increased online chatter about avoiding taxes, with individuals betting auditors won’t scrutinize accounts.
Experts warned that workforce reductions could cripple the agency’s efficiency.
Treasury officials predict a 10% drop in tax receipts compared to 2024.
Former IRS commissioners have criticized the cuts, warning of dysfunction and reduced collection capacity.
So… you think that: a) you can’t change the way government spends money, but b) you can change the way government receives money?
That’s an interesting world view.
Don’t give the government money at all.
Get off the internet, it was started because of government funding. Don’t drive on roads, government funding. Don’t use gas or a car, or helmets or drink water, or take any medicine. You can’t wear clothes you didn’t make yourself, don’t live in a house that was built to code. Forget gfic outlets. Electronics that meet safety regs? Get rid of them. You better not have an up to date Electrical box either. Food safety? More government overreach funded by taxes. Those wastages.