Whether you care about fairness or fiscal responsibility, cutting the IRS’s enforcement budget (as many Republicans have proposed) would be an absolute disaster. New evidence from back-to-back studies in the latest @qjeharvard.bsky.social ... (1/4) - ThreadSky

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jacobsgoldin.bsky.social • 49 days ago

Whether you care about fairness or fiscal responsibility, cutting the IRS’s enforcement budget (as many Republicans have proposed) would be an absolute disaster. New evidence from back-to-back studies in the latest @qjeharvard.bsky.social ... (1/4)

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jacobsgoldin.bsky.social•49 days ago

IRS funding has a big bang-for-the-buck as far as revenue collection. Cutting IRS funding is massively expensive from a budgetary perspective https://bsky.app/profile/qjeharvard.bsky.social/post/3lfk6xc3tzk2w ... (2/4)

jacobsgoldin.bsky.social•49 days ago

Without funding, the IRS faces pressure to focus on the lowest-cost audits, like challenging low-income taxpayers who claim the EITC instead of high-income taxpayers who evade taxes on their business income. (3/4)

jacobsgoldin.bsky.social•49 days ago

In particular, a narrow focus on EITC compliance leads to over-auditing Black Americans. Cutting agency resources makes unfair outcomes like this more likely https://bsky.app/profile/qjeharvard.bsky.social/post/3lfk6xcta322w (4/4)

jacobsgoldin.bsky.social•49 days ago

Should’ve tagged #EconSky

jurygirl.bsky.social•49 days ago

What a phenomenal and important study! Congratulations on the publication.

dweisbach.bsky.social•49 days ago

Here’s the problem. You view those consequences as a negative (as do I). The people who want to cut the IRS budget view them as benefits.

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