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Here’s Why the IRS Needs $80 Billion

By August 10, 2022No Comments

The recently passed Inflation Reduction Act includes $80 dollars in new funds over the next ten years for the Internal Revenue Service (IRS). While some may question why the service that taxes Americans deserves more money, this Washington Post article shows how the IRS (and its cafeteria) really operates. An underfunded and stretched-thin IRS is part of the reason America’s oligarchs pay so little – if any – in taxes. It takes a big investment to document how the uber-rich cheat the system and ultimately force them to pay their fair share.