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.
Yes, but you CAN have taxation without funding the military. You’re throwing the baby out with the bathwater.
I don’t think taxation is the only way to do this, but you do need some kind of process for ensuring common social services and infrastructure exist and are maintained. Taxation is what we have now. How would you support those services without it?
If you absolutely must have taxation, then have state taxation. Because I don’t see the state of Texas declaring war on Pakistan.
How would you fund federal services?
Seems to me the problem isn’t taxation, it’s the process for deciding how that government spending is distributed…
You can’t fix that problem. The fact that there is a big pile of money there means that greedy people will attempt to get their hands on it. No matter what. So the only way to fix that is to not have the big pile of money sitting there to begin with.
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.