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

Quick Summary:

Staff reductions have eliminated one-third of the of the IRS staff who collect tax money—with more on the way.

The division that audits the ultra-rich, called Global High Wealth, has lost 38% of its staff, according to the International Consortium of Investigative Journalists.

As of March 2, some 31% of the agency’s revenue agents—more than 3,600 people—had either been fired or taken a buyout, according to the report.

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Article Details

Author / Journalist: Irina Ivanova

Category: EconomyBusiness

Markets: United States

Topics: Budget Deficit IRS Taxes Federal budget Federal Government Internal Revenue Service DOGE Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 11:37:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 143 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28467444

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Official Website: fortune.com

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