IRS Budget Cuts Cost U.S. Billions Uncle Sam Loses Big on Unpaid Taxes

IRS Budget Cuts Cost U.S. Billions Uncle Sam Loses Big on Unpaid Taxes

Introduction The Internal Revenue Service (IRS) plays a crucial role in ensuring that the U.S. government collects taxes to fund public services and infrastructure. However, recent budget cuts have significantly weakened the IRS’s ability to enforce tax laws, leading to a sharp increase in unpaid taxes. Estimates suggest that the U.S. is losing hundreds of … Read more