111
this post was submitted on 08 Sep 2023
111 points (99.1% liked)
News
1751 readers
1 users here now
Breaking news and current events worldwide.
founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The IRS has been saying for years they in many cases don't actually have the funding to dedicate to fighting multimillionaires who can afford protracted legal battles to avoid taxes. The IRS was granted a lot more funding as part of the Inflation Reduction Act, which is a direct result of the current administration. The government is big and slow though, things take time.
Just to add on to your answer, it's a top-down process. The federal government dictates policy, so when organizations like the IRS, FBI, and CIA are empowered and encouraged to do their jobs (via the president's political agenda), this is what happens.
To add onto this comment: for every additional dollar invested in the IRS generates a $6 return, according to Treasury estimates. The only reason not to fund the IRS is to cripple the government.