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.

  • inclementimmigrant@lemmy.world
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    17 hours ago

    I would say “why don’t they just focus on rich people and not audit the other 90% of Americans.” But we already know the answer to that one no matter who’s in charge.