Reuters reported yesterday that President Obama wants to quadruple the IRS enforcement budget:
President Barack Obama proposed on Thursday nearly doubling funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years.
The budget plan seeks $12.1 billion for the Internal Revenue Service, responsible for collecting and enforcing individual and corporate tax laws, for fiscal 2010, which begins October 1. That amounts to a roughly 5.2 percent increase over the IRS budget for 2009, which was $11.5 billion.
Related Posts:
- Increased IRS Enforcement Powers: Congress to Enact Legislation
- White House Vows to Intensify IRS Collection Aggressiveness to Close $300 Billion Tax Gap
- As Tax Gap Widens Expect IRS to Get Tougher on Non-Compliers
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4 responses so far ↓
1 Tax Gap Closer Obama Appoints Native American Woman with No Tax Experience to Head Up DOJ Tax Division // Jun 15, 2009 at 9:25 am
[...] been in office President Obama has delivered several intense speeches about how he intends to close the tax gap, aggressively pursue tax cheats and the enforced collection of delinquent [...]
2 Tax Imperialism? // Oct 8, 2009 at 4:21 am
[...] [...]
3 Obama’s Great for my Tax Practice // Jan 27, 2010 at 12:36 am
[...] Obama Plans to Quadruple IRS Enforcement Funding in Next Five Years [...]
4 IRS Installment Payment Plan Program Flawed // Mar 27, 2010 at 9:48 pm
[...] [...]
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