IRS to Lose Billions

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Sujet : IRS to Lose Billions
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Date : 10. Apr 2025, 01:53:53
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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 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. The group estimates unauthorized workers paid
about $66 billion in federal taxes in fiscal year 2023, with about
two-thirds of that coming from payroll levies.

https://www.bloomberg.com/news/articles/2025-04-09/irs-to-lose-billions-in-revenue-if-migrants-stop-filing-taxes


Date Sujet#  Auteur
10 Apr 25 o IRS to Lose Billions1JAB

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