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IRS Cutbacks: US Revenue at Risk

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May 10, 2025

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Bloomberg

As President Trump has made cutting government bloat a priority for his second term in office, the IRS has been one of the hardest hit agencies. How will personnel and funding cuts affect the IRS? Former IRS Commissioner Chuck Rettig and Yale's Natasha Sarin weigh in on the history of the IRS and the revenue that the United States stands to lose by cutting the IRS. (Source: Bloomberg)

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