Trump and the IRS
Republicans are no fans of the IRS—and former President Donald Trump’s re-election along with the GOP’s Senate takeover will give them increased power to wrest back more of the $80 billion the agency got in the Democrats’ 2022 tax-and-climate law. Even with a Democrat in the White House, the GOP was able to claw back $20 billion.
IRS Commissioner Danny Werfel has said he’ll stay in place no matter the results of the election, but it won’t be up to him. Traditionally, presidents of both parties have kept the inherited commissioner, letting them ride out their ...