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The Trump administration is not publishing data on the gap in unpaid taxes. The most recent estimate of this tax gap was $700 billion in 2022. After severe IRS staff cuts and fewer audits on the wealthy, this gap has likely grown under Trump. www.nytimes.com/2026/09/16/b...

nytimes.comBillions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.

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Nobody could have predicted ... bsky.app/profile/bjke...

bjkeefe@bjkeefe.bsky.social

The difference in the amount of revenue that the government could realize by rehiring the IRS workers, compared to what the GOP hopes to save with this EITC cruelty, has got to be orders of magnitude difference. Last I heard, the IRS staff cuts were predicted to cost $500 billion in the coming(1/2)

bjkeefe@bjkeefe.bsky.social

The DOGE Cybertruck "Yale’s Budget Lab estimated that a reduction of just 7,000 IRS staff would save $6.9bn in salary costs over the next decade, but result in $64bn less in tax collections, as the agency’s ability to go after tax cheats is curtailed." Heckuva job, Elno. links ↓