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The movement to dramatically overhaul U.S. tax collection began with high-profile statements from President Trump, who initially floated plans to abolish the Internal Revenue Service (IRS). Although this radical idea has faced resistance, elements of this vision are materializing through budget cuts and structural reforms.
The IRS's budget has already been slashed, with thousands of workers laid off—around 25,000 positions have been eliminated as part of a broader effort to reduce federal expenses. These cuts reflect a shift in priorities, emphasizing austerity measures and reducing the agency’s operational footprint. Despite these reductions, the government's overall revenue collection remains substantial, highlighting the complex balance between expenditure and income.