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.
February 19, 2026 - 06:53
Discovering Opportunities: AGTech Holdings And 2 Other Promising Asian Penny StocksAs Asian markets navigate a landscape marked by varying economic signals and investor sentiment, opportunities continue to emerge for those looking beyond traditional investments. Penny stocks,...
February 18, 2026 - 19:06
Blue Owl Technology Finance Corp. Announces December 31, 2025 Financial ResultsBlue Owl Technology Finance Corp. has released its financial results for the fourth quarter and the full fiscal year, which concluded on December 31, 2025. The company, a notable entity in the...
February 18, 2026 - 03:50
Fed's Barr outlines AI risks to finance, labor marketIn a major policy address, a senior Federal Reserve official outlined the profound economic promises and perils presented by the rapid advancement of artificial intelligence. While acknowledging AI...
February 17, 2026 - 01:25
WV Senate passes bill to keep employer info for political donors off public campaign finance reportsThe West Virginia State Senate has passed legislation that would remove employer information for political donors from publicly accessible campaign finance reports. The bill, which now advances to...