A proposed 20 percent IRS funding cut in the administration’s fiscal 2026 budget would reduce the tax collector’s funding to its lowest level since 2002, despite accumulated inflation amounting to 70 percent in the interim. Read more: www.taxnotes.com/tax-notes-to... - ThreadSky | a Reddit-style client for Bluesky

taxnotes.com • 18 days ago

A proposed 20 percent IRS funding cut in the administration’s fiscal 2026 budget would reduce the tax collector’s funding to its lowest level since 2002, despite accumulated inflation amounting to 70 percent in the interim.

Read more: https://www.taxnotes.com/tax-notes-today-federal/budgets/trump-proposes-slashing-irs-funding-lowest-level-2002/2025/05/05/7s4m0

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