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Tue, March 4, 2025

Trump 2nd term live updates: IRS drafting plan to cut half its workforce, sources say


Published on 2025-03-04 22:20:39 - MSN
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  • The administration has listed hundreds of properties across nearly every state for possible sale in a new phase of Trump's campaign to shrink the federal government.

The article discusses potential plans by the IRS, under a possible second term of former President Donald Trump, to significantly reduce its workforce. According to sources cited by The Washington Post, the IRS is drafting a plan that could cut its workforce by half, which would involve not replacing retiring employees and potentially laying off others. This move is part of a broader strategy to shrink the federal government's size, aligning with Trump's previous administration's goals of reducing the scope and influence of federal agencies. Critics argue that such drastic cuts could severely hamper the IRS's ability to enforce tax laws, potentially leading to increased tax evasion and a decrease in government revenue. The plan reflects Trump's ongoing influence on Republican policy, aiming to fulfill campaign promises of reducing government bureaucracy. However, this approach has raised concerns about the operational capacity of the IRS and its implications for national finances.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/news/politics/trump-2nd-term-live-updates-irs-drafting-plan-to-cut-half-its-workforce-sources-say/ar-AA1A8aJj ]
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