Saturday, 07 June 2025

IRS Braces for $500 Billion Revenue Shortfall


The IRS anticipates more than 10% drop in tax receipts by the April 15 deadline.

This is equal to over $500 billion less than the $5.1 trillion collected in 2024.

This is linked to recent workforce reductions, including the layoff of approximately 7,000 employees.

Most of those in compliance and enforcement roles (in other words, those that uphold the coercion factor of the IRS).

“But the IRS doesn’t use coercion!”

What’s the definition of that word?

Coercion: The practice of persuading someone to do something by using force or threats.

And doesn’t the IRS threaten every single American with penalties and/or prison if they don’t hand over their cash?

NBC reports:

Officials at the IRS and Treasury Department are anticipating tax revenue to drop more than 10% by April 15 compared with last year, The Washington Post reported Saturday, citing three people with knowledge of the situation.

The loss of tax receipts is expected as more individuals and businesses don’t file taxes or attempt to avoid paying balances owed to the IRS. The amount of lost federal revenue could top $500 billion, the paper said.

Officials said the prediction is directly linked to shifting taxpayer behavior and President Donald Trump’s cuts at the IRS, the Post said.

The IRS has also noted increased chatter online from people saying they won’t pay taxes this year….

I wonder why that could be?

Why would people refuse to pay an unconstitutional tax to a group of extortionists at the IRS?

Why won’t Americans be good little slaves and hand over their cash?

And another question, does April 2nd have any links to getting rid of the IRS?

Can’t wait to see what happens!

And that is the same guy that confirms that Trump’s goal is to eliminate the IRS!

And for those of you that missed it…

This is a Guest Post from our friends over at WLTReport.

View the original article here.


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