For every dollar spent on IRS staffing, etc, it’s estimated to be at least a 7x return. Any disruptions are going to cost a lot with that in mind. Also, I find it a little misguided to question the IRS, an agency that shows its work’s opinion on DOGE, an “agency?” Which has failed to show its work and has been caught lying frequently.
The Post reports today that the IRS’s internal projections estimate that the DOGE-driven disruptions to the IRS since the inauguration are on track to have reduced tax receipts by more than $500 billion by April 15th. This, to be clear, is not a final tally. It’s not April 15th yet. It’s a projection based on historical data, the number of people who’ve filed, paid owed amounts of tax etc.
The article doesn’t explain how, where the money went, or how the IRS knows this.
Cutting staff thereby reducing the IRS’s ability to find and go after wealthy tax cheats.
Thanks! I wasn’t doubting the article, just wanted more info.
For every dollar spent on IRS staffing, etc, it’s estimated to be at least a 7x return. Any disruptions are going to cost a lot with that in mind. Also, I find it a little misguided to question the IRS, an agency that shows its work’s opinion on DOGE, an “agency?” Which has failed to show its work and has been caught lying frequently.
The fourth sentence of the article explains it