The IRS Shrank. Will That Lead to More Tax Cheating?
Key Takeaways
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The federal government has shrunk the IRS
“The Trump administration has shrunk the IRS.”
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Tax enforcement levels are scaling back
“The federal government has scaled back tax enforcement.”
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Audit frequency is expected to decline
“Leaving fewer federal employees to audit returns.”
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Debt collection staffing has been reduced
“There are fewer federal employees to collect unpaid tax debts.”
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Decreased oversight may encourage tax cheating
“The cutbacks could lead to more Americans skirting the tax law.”
Episode Description
Get your tickets to our L.A. live show here!The Trump administration has shrunk the IRS. WSJ’s Richard Rubin reports on how the federal government has scaled back tax enforcement, leaving fewer federal employees to audit returns and collect unpaid tax debts. The cutbacks could lead to more Americans skirting the tax law. Jessica Mendoza hosts. Further Listening: - How Do You Refund $166 Billion? - DOGE: The Plan to Downsize the GovernmentSign up for WSJ’s free What’s News newsletter.Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices