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.

  • Bronzebeard@lemm.ee
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    1 day ago

    The rest of us are mostly automated. Checking your return against a W2 and a couple of bank 1099s is easy.

    Chasing down tax dodging through a web of pass through entities is not.

    • CritFail@lemmy.world
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      1 day ago

      Fair point, but potential returns are massive, and if they were targeting likely evaders , they could compound the money spent on manual checks (a list of high ranking Republican members might be a good place to start)