Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Irina Ivanova

DOGE cuts at IRS are ‘Christmas coming early’ for tax cheats, policy analyst says

Elon Musk in a cap that reads "Gulf of America" (Credit: JIM WATSON/AFP via Getty Images)
  • DOGE says it wants to save the government money, but its cuts are disproportionately targeting operations that bring in funds, such as the IRS’ auditors, a third of whom have already left, according to a Treasury report. Shrinking the agency would leave trillions in revenue uncollected, budget estimates predict. 

President Donald Trump says he wants to close the federal budget deficit, but his administration is slashing staffing at the agency that collects the government’s money.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.