Dan J. Harkey

Master Educator | Business & Finance Consultant | Mentor

Contrasting U.S.A. Executive Leadership: Past vs Present

What Is Your Preference? More or Less Regulation

by Dan J. Harkey

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Contrasting the USA.  Executive Leadership: Past vs Present

The last group of Executive leaders in the USA envisioned expanding the IRS by 87,000, a move projected to impact small businesses earning under $200,000 annually significantly. This expansion was seen as a potential boost to the IRS’s capacity to handle tax-related issues, which could have had a positive effect on the overall tax system.

Under the new administration, led by Donald J. Trump and with input from DOGE, a drastic plan to halve the IRS is in place, a move that may surprise many.  This reduction could potentially decrease the IRS’s ability to manage tax collection and enforcement effectively, raising concerns about the future of the tax system.

What is your preference?

https://www.armstrongeconomics.com/world-news/taxes/irs-to-slash-by-half/