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... According to the Washington Post, DOGE's plan to cut staff at the IRS by up to 50% would lead to a $400 billion increase in uncollected taxes over the next 10 years. This could lead to $2 trillion in losses.

Right now, the IRS fails to collect around $700 billion in taxes that are owed each year. The Quarterly Journal of Economics suggests that every dollar that is spent on auditing individuals in the top 10% of earners returns around $12.

However, the Treasury Department's inspector general has previously estimated that each hour spent auditing a high earner creates close to $5,000 more in tax revenue, according to The New York Times.

Tax season could also be a lot less efficient if these employees are cut. During the 2022 filing season, the IRS only answered less than 20% of the calls that they received. That was when the IRS had around 79,000 employees. The Trump administration is reportedly looking to cut it to around 50,000 employees.

DOGE impacts already being felt at IRS ...