Sabotaging the agency’s work amounts to an inducement for the ultra-rich to treat taxes as a voluntary contribution.

Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may ...

Internal Revenue Service workers are expecting to soon learn their employment fate, coinciding with Tuesday’s tax-filing deadline and their busiest week of the year.

Elon Musk’s Department of Government Efficiency has been Donald Trump’s battering ram during the president’s first 100 days, ...

He also spent decades in the private sector as a fixer, working to get tottering entities such as the Penn Central company , ...

IRS employees in Kansas City ... and collect more tax revenue for the government. During the 2024 and 2025 budget years, Republicans rescinded at least half that funding, and they have suggested ...

But, generally, people said, it will be a very different IRS in 2026 — or even October 2025, for anyone who took ... cuts planned elsewhere in the budget. The White House’s budget contemplates ...

Yale’s Budget Lab estimates that, taking into account the induced noncompliance, the full effect of the proposed IRS cuts would be a $2.4 trillion loss over a decade. That means DOGE’s biggest ...

President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full ...