A little bit about the IRS.....

This is from Bloomberg, 5 May 2025:

 The Internal Revenue Service lost 31% of its auditors from buyouts and firings by the Trump administration, departures that are likely to hamper the agency’s ability to go after tax cheats. More than 3,600 revenue agents—who are responsible for collecting tax payments—have left the IRS, according to an agency watchdog report. In addition, 18% of revenue officers who oversee challenging tax cases and 10% of tax examiners, the front-line employees who review returns, have also left the agency, the Treasury Inspector General for Tax Administration said in a recent report.

Once the system is wrecked, can it be put back together again?

The IRS system collected revenues and disbursed them.......was it efficient?  Hey, it worked and while there was undoubtedly inefficiency, there was nothing set up to replace it were it to be dismantled.........and it definitely is being dismantled.

What about both revenue sharing and information sharing with the states, something integral to the states being able to pay their way within the system?  This has been dismantled too......anyone want to predict the consequences?    Let's face it:  the excrement will definitely encounter the big wind producing machine on this one.............It is going to be interesting to watch.......

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