March 9, 2025 - 02:28

Former IRS commissioners are sounding the alarm over proposed staffing cuts that could significantly undermine the agency's ability to collect taxes and enforce compliance. The plan, which has garnered attention even among conservative circles, raises fears that slashing the IRS workforce could lead to a severe decline in tax revenue and enforcement capabilities.
Experts argue that a reduced staff would hinder the IRS's effectiveness in auditing high-income earners and large corporations, potentially allowing significant tax evasion to go unchecked. This situation could exacerbate existing inequalities in the tax system, where lower-income individuals often face stricter scrutiny compared to wealthier taxpayers.
Critics point out that a well-staffed IRS is crucial for maintaining the integrity of the nation’s tax system. They warn that the proposed cuts could lead to long-term consequences for federal revenue, ultimately impacting funding for essential public services. As discussions continue, the implications of these staffing reductions remain a pressing concern for both policymakers and the public.
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ServisFirst Bancshares, Inc. Set to Release Q4 and Full-Year 2025 Financial ResultsBIRMINGHAM, Ala., Dec. 30, 2025 — ServisFirst Bancshares, Inc. is preparing to announce its financial results for the fourth quarter and the full year ending December 31, 2025. The announcement...
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Investigation Launched into Missing City Funds in Goodman, MissouriThe Missouri State Highway Patrol has initiated an investigation into the potential disappearance of city funds in Goodman, Missouri. Authorities are looking into reports that a significant sum of...
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Mike on the Money: The Importance of Financial Education as a GiftIn an age where financial literacy is more crucial than ever, the importance of imparting financial education cannot be overstated. Many individuals find themselves navigating a complex world of...
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World Liberty Financial Seeks Community Input on USD1 Adoption InitiativeWorld Liberty Financial is actively engaging its community to gather feedback on an innovative proposal aimed at boosting the adoption of USD1. The initiative suggests utilizing less than 5% of the...