Tax evaders, rejoice: the Internal Revenue Service may not have enough resources to come after the vast majority of those offshore bank accounts. It also doesn’t have enough resources to investigate white collar crime, curb suspicious corporate activity, shore up the nation’s rising budget deficit, or answer tens of millions of law-abiding taxpayers’ questions. And now, just when morale is at its lowest, the IRS stands to lose a third of its most valuable and experienced workers next year as the organization’s most senior cohort becomes eligible for retirement.
Published: Dec 11, 2018
Length: 22 minutes (5,600 words)