Steven Mnuchin Makes a Welcome Case for Boosting IRS Funding
Internal Revenue Service | January 31, 2017
It may not be popular to say, but the IRS needs more funding. Unpaid federal taxes are almost as large as the entire federal budget deficit. Money is being left on the table. People and businesses who don’t pay what they owe are, in Trump’s lingo, “making a killing.” But when people don’t pay their taxes, they are not just cheating the government. They are ripping off their neighbors. Adequately funding the IRS could raise revenues significantly and give the public assurances that the system isn’t rigged in favor of the wealthy.