Business and Finance Business and Finance
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Trump issues shock threat to 90,000 new IRS staff

Trump issues shock threat to 90,000 new IRS staff


Published on 2025-01-25 19:40:49 - MSN
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  • President Donald Trump has revealed what could be the fate of nearly 90,000 newly hired Internal Revenue Service (IRS) staff as he halts federal hiring.

The article from MSN discusses former President Donald Trump's reaction to the hiring of 90,000 new IRS staff members, which was part of the Inflation Reduction Act signed into law by President Joe Biden. Trump has threatened to dismantle this expansion if he wins the 2024 presidential election, arguing that the new hires would unfairly target middle-class taxpayers and small businesses. He claims this move by the IRS is an overreach, designed to fund the government through increased audits and enforcement actions. Trump's comments were made during a speech at a Republican National Committee donor retreat, where he criticized the Biden administration's policies and promised to reverse them if re-elected. The article also mentions that the IRS has stated the new hires are intended to improve customer service, update technology, and ensure tax compliance among high-income earners, not to increase audits on average Americans.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/taxes/trump-issues-shock-threat-to-90-000-new-irs-staff/ar-AA1xRItB ]
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