The IRS Is Set for a Mass Layoff Under Trump's Plan
The Trump administration's plan to cut the Internal Revenue Service's workforce in half could have devastating consequences, including crippled collections and enforcement, slower refunds, and bigger budget deficits. According to tax experts, the move would undo recent efforts to restaff and modernize the IRS, threatening to fundamentally cripple an agency responsible for processing 270 million tax returns each year. The IRS has already laid off thousands of employees as part of Trump's broader effort to slash the federal bureaucracy.
- This level of staff reduction could have a disproportionate impact on vulnerable communities that rely heavily on the IRS for assistance with their taxes and other government services.
- Will the reduced workforce at the IRS lead to an increase in tax evasion and non-compliance among high-income individuals, exacerbating issues of income inequality?