When Congress tells the IRS they get a budget cut this year, what does the IRS do?
In the recent budget deal, Congress cut the IRS budget by $346 million to $10.9 billion — $1.5 billion less than the administration asked for. The IRS' budget has been reduced about $1 billion since 2010.
To elucidate, the Congress has reduced the IRS budget from ~$12.2 billion in 2010 to $10.9 billion in 2015. That's $1.2 billion reduction over five years. In other words, they got cut 10% in total at a rate of 2% per year.
2% per year. Doesn't sound like much, does it? Didn't your taxes go up two percent this year?
2% per year. Doesn't sound like much, does it? Didn't your taxes go up two percent this year?
IRS response is to stage a stick up.
"People call it furloughs; I view it as: Are we going to have to shut the place down? And at this point, that will be the last thing we do, … but there is no way we can say right now that that wont happen," Koskinen told reporters at a Thursday press conference on the upcoming tax season. ...
Koskinen says there is no more fat to cut at the IRS.
-But the good news is the current debt crisis is entirely unnecessary - and more and more people know it - so these gangsters collecting for the loan-sharking Fed will be out of work when a new continental congress closes down the Fed and begins issuing debt-free currency directly from the mint.
ReplyDeleteThen maybe not.