The Official "Damned Trump" Thread: Phase II

[Angrboda]

The downsizing has raised concerns among tax officials that the government could see a sharp drop in tax revenue this year as tax cheats see opportunities to take advantage of the diminished IRS.

Treasury Department and IRS officials last month projected that tax receipts would show a more than 10 percent decrease by the April 15 filing deadline, compared with the same period in 2024, The Post reported. That would amount to more than $500 billion in lost federal revenue.

https://www.washingtonpost.com/business/...ts-office/