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JohnSJ

(98,443 posts) Wed Apr 9, 2025, 03:01 PM Apr 9

10

Per Bloomberg TV: IRS to lose billions in revenue if migrants stop filing taxes

"The internal revenue service is projected to lose more than 313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes after the agency struck a deal to share data with the US immigration authorities.

The IRS is expected to lose 12 billion in revenue for the remainder of the fiscal year ending Sept. 30, according to a report out Tuesday by the Yale Budget Lab."

2 replies

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Per Bloomberg TV: IRS to lose billions in revenue if migrants stop filing taxes (Original Post) JohnSJ Apr 9 OP

Brilliant 💥 This was talked about during the campaign and any one of us here already knew this. And we're not billionai Deuxcents Apr 9 #1

But I thought dweller Apr 9 #2

Deuxcents

(21,864 posts)

1. Brilliant 💥 This was talked about during the campaign and any one of us here already knew this. And we're not billionai

Reply to JohnSJ (Original post)

Wed Apr 9, 2025, 03:05 PM

Apr 9

dweller

(26,437 posts)

2. But I thought

Reply to JohnSJ (Original post)

Wed Apr 9, 2025, 03:40 PM

Apr 9

Tariffs were to eliminate income taxes … now they are necessary again ?
Ok can we raise the income tax on billionaires now ?

🤔

✌🏻

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