Question: prodive a feedback on the post below Is increasing IRS funding a good use of taxpayer money? Yes, it can be a highly effective investment.

prodive a feedback on the post below

Is increasing IRS funding a good use of taxpayer money?

Yes, it can be a highly effective investment. Research consistently indicates a strong return on additional IRS funding. The Congressional Budget Office (CBO) estimates that each dollar invested in IRS enforcement can generate $5 to $9 in additional tax revenue. This demonstrates that a relatively modest investment can lead to substantial revenue increases without requiring tax hikes. Furthermore, it promotes tax fairness by holding those who evade taxes accountable.

Moreover, tax compliance is enhanced when taxpayers perceive enforcement as both likely and equitable. Bolstering IRS operations thus strengthens the integrity of the tax system and can contribute to deficit reduction without necessitating cuts to vital public services or imposing a greater tax burden on compliant citizens.

Is it ever acceptable to not pay taxes or underreport income?

It is never legally permissible to evade taxes or underreport income. The U.S. tax system operates on the principle of voluntary compliance, where taxpayers are expected to file returns and accurately report their earnings. Deliberately failing to report income or pay taxes constitutes tax evasion, a criminal offense under the Internal Revenue Code (Internal Revenue Service, 2022).

While some may attempt to justify tax resistance on ethical or political groundssuch as protesting war or perceived government injusticethese arguments do not offer legal protection. Acts of civil disobedience do not grant immunity from prosecution or penalties. Tax evasion erodes public confidence in the system and unfairly transfers the financial burden to law-abiding taxpayers. Furthermore, it deprives the government of crucial revenue necessary for funding vital services like infrastructure, education, healthcare, and national defense (GAO, 2021).

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