Individuals were ‘wagering that auditors will not examine their accounts’ amid DOGE’s plans to downsize the IRS by nearly 20 percent ahead of tax filing season

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.

  • henfredemars@infosec.pubEnglish
    141·
    6 days ago

    We have few public services and the few that we have are being torn down as you read this comment, so they might be half right for the wrong reasons.