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xenobriotic.bsky.social
❤️‍🔥xenobriotic
@xenobriotic.bsky.social
180 followers 100 following 790 posts
PNW goodness 🐻🦦🦭
Cursed archaeologist, zoo historian, photographer, wildlife tracker, nemophilist, coddiwompling flâneur

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xenobriotic.bsky.social
worried about her
#bbuk
November 14, 2025 at 12:36 AM
xenobriotic.bsky.social
😂
#bbuk
November 13, 2025 at 3:50 AM
Reposted by ❤️‍🔥xenobriotic
donmoyn.bsky.social
The DOGE cuts seemed to focus on tax teams that pursued enforcement of high income earners. The IRS had been building up enforcement on this area because most of the tax gap is driven by higher earners. Lax enforcement could cost hundreds of billions. donmoynihan.substack.com/p/five-quest...
Those interested in assessing the enforcement capacity of the IRS should determine how many staff are still working in enforcement, especially the Pass-Through Entities Practice Area, including the Global High Wealth unit and Pass-Through Examinations. They should also ask about audits opened and closed this year, and the income distribution of those taxpayers being audited. Another crucial question is the impact on revenue. A collapse in the IRS's capacity to audit higher-earners will certainly increase the $700 billion annual "tax gap" — the difference between tax money owed and tax money paid voluntarily and on time. Three fifths of that shortfall is due to underreporting of income by the top ten percent of earners; an additional dollar spent auditing these earners returns an estimated $12 in revenue. The damage to enforcement capacity this year is so unprecedented, it is hard to predict the cost. But one model has suggested that, over a decade, it could reduce revenue by about two hundred billion dollars.
November 12, 2025 at 7:31 PM
xenobriotic.bsky.social
Yeah, I was thinking the same thing. Hopefully production will connect her to a therapist.
November 10, 2025 at 7:35 PM
xenobriotic.bsky.social
help it's getting worse
#bbuk
November 10, 2025 at 3:15 AM