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.

  • capital_sniff@lemmy.world
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    1 day ago

    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,