House Cuts IRS Tax Enforcement Budget

The IRS received a blow today as the Republican-controlled house cut the budget for tax enforcement by over $1 billion—nearly 25%. Most of me is very happy about this, since the IRS is really lame and everyone knows it. But another part of me is worried this cut could have some very destructive consequences. The US already shoulders a monumental debt burden, and deficit-spending has only and will only increase if Obamacare and everything else continues. So it might not be the smartest time Read more […]