Downsizing the IRS: A Bleak Future for Taxpayers?
The U.S. Internal Revenue Service (IRS) is eliminating roughly 6% of its workforce, a move part of President Donald Trump's sweeping downsizing effort aimed at shrinking government. The agency had expanded under Trump's predecessor Biden, increasing employment to over 100,000, but now faces significant cuts as the tax-filing season approaches. These layoffs will have far-reaching implications for taxpayers and the country's social safety net.
- The impact of these mass firings on the nation's social safety net will be felt across various sectors, from healthcare to education, where federal funding plays a critical role.
- How will the loss of experienced IRS workers, who have been in place since Biden took office, affect the agency's ability to process tax returns and enforce compliance in the coming years?