Jon
@jon-s6791.bsky.social
Reposted by Jon
🚨 Big SCOOP 🚨
Tax revenue could fall by as much as **10%** this year, per sources, as taxpayers and businesses see the Trump admin as less likely to challenge tax cheats.
That'd be **$500 BILLION** in lost revenue.
It'd nearly double the tax gap in a single year.
Tax revenue could fall by as much as **10%** this year, per sources, as taxpayers and businesses see the Trump admin as less likely to challenge tax cheats.
That'd be **$500 BILLION** in lost revenue.
It'd nearly double the tax gap in a single year.
Tax revenue could drop by 10 percent amid turmoil at IRS
Staff cuts and disruptions related to the U.S. DOGE Service have officials bracing for a sharp loss of revenue.
www.washingtonpost.com
March 22, 2025 at 3:03 PM
🚨 Big SCOOP 🚨
Tax revenue could fall by as much as **10%** this year, per sources, as taxpayers and businesses see the Trump admin as less likely to challenge tax cheats.
That'd be **$500 BILLION** in lost revenue.
It'd nearly double the tax gap in a single year.
Tax revenue could fall by as much as **10%** this year, per sources, as taxpayers and businesses see the Trump admin as less likely to challenge tax cheats.
That'd be **$500 BILLION** in lost revenue.
It'd nearly double the tax gap in a single year.
Reposted by Jon
WIRED: “It’s a heist — real federal auditors are horrified by DOGE… DOGE has posted some of its ‘findings’ on its website, many of which have been revealed to be errors.”
www.wired.com/story/federa...
www.wired.com/story/federa...
March 18, 2025 at 9:28 PM
WIRED: “It’s a heist — real federal auditors are horrified by DOGE… DOGE has posted some of its ‘findings’ on its website, many of which have been revealed to be errors.”
www.wired.com/story/federa...
www.wired.com/story/federa...
Reposted by Jon
RE: The Athletic’s recent report about Justin Ishbia increasing his ownership in the Chicago White Sox…our Sean Anderson is reporting that the vast majority of owners who faced the February 28th deadline to either sell or have their shares diluted, decided to sell.
March 6, 2025 at 2:24 AM
RE: The Athletic’s recent report about Justin Ishbia increasing his ownership in the Chicago White Sox…our Sean Anderson is reporting that the vast majority of owners who faced the February 28th deadline to either sell or have their shares diluted, decided to sell.
Reposted by Jon
🚨NEWS: Massive layoffs are about to hit the IRS -- around 10,000 employees -- potentially in the middle of filing season.
Of particular interest to the DOGE: Cutting IRS enforcement capabilities.
-- with @jeffstein.bsky.social + Hannah Natanson
Of particular interest to the DOGE: Cutting IRS enforcement capabilities.
-- with @jeffstein.bsky.social + Hannah Natanson
Layoffs to hit IRS as DOGE targets tax collections
Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.
www.washingtonpost.com
February 14, 2025 at 8:31 PM
🚨NEWS: Massive layoffs are about to hit the IRS -- around 10,000 employees -- potentially in the middle of filing season.
Of particular interest to the DOGE: Cutting IRS enforcement capabilities.
-- with @jeffstein.bsky.social + Hannah Natanson
Of particular interest to the DOGE: Cutting IRS enforcement capabilities.
-- with @jeffstein.bsky.social + Hannah Natanson
