Jack Crivici-Kramer
👤 SpeakerAppearances Over Time
Podcast Appearances
The IRS isn't going to catch me.
That's right, because the Trump administration has cut the number of people enforcing our tax laws by a third compared to 2022.
You might remember we did a story last year about Doge.
Flashing the IRS.
Yeah, and Jack, remember that report about how Elon was working to create a new tax app that would be like super efficient?
Yeah, it would make filing as easy as a Venmo payment.
Well, Elon's tax app never ended up materializing, but the gutting of the IRS did.
And the result of the IRS getting gutted, it's more tax evasion.
Because, as the Wall Street Journal just put it, the IRS isn't going to catch me.
According to the Yale Budget Lab, the Doge cuts and the funding clawback of the IRS last year saved the government $20 billion of direct spending costs.
All right, not too shabby, saving $20 billion for the government.
But it cost the government $859 billion in tax evasion.
We lost almost a trillion bucks because we're not enforcing the tax laws.
So we need to talk about the ROI.
on the IRS.
Based on my 1099, Jack, means it's our takeaway.
So Jack, what's the takeaway for our buddies paying taxes?
The IRS is the only government spending that creates money instead of losing it.
Yeah, it is the IRS gutting.
It gets popular support because people hate paying taxes and people fear getting audited.