Jack, the IRS is set to lose over $500 billion in tax revenue over the next tax season as a result of actions taken by President Donald Trump and his top donor Elon Musk’s Department of Government Efficiency group. The lost revenue—which pays for essential government services across the country—is a reversal from recent improvements instituted by the Biden administration. Check out the latest:

 

👉 IRS will lose millions as Trump and Musk scurry to cut taxes for rich pals

 

Under Trump, the agency has now regressed—a revenue shortfall is coming. At the same time, Republicans are pursuing tax cuts for the wealthy who just got a green light to evade more taxation.

 

Thank you for fighting with us,

Romario Brown, Daily Kos

We're not asking for much

The average donation to Daily Kos has been just $9.44. These donations may seem small, but they're a big deal to us. In fact, they are our largest source of income. We literally couldn't do the work we do without them. Can you join thousands of other Daily Kos readers and help us with a donation of $9.44 right now?