Tax revenue collected by the IRS set to drop by over 10%

The US government could collect significantly less in tax revenue this year, with officials at the Internal Revenue Service (IRS) and the Treasury Department projecting a drop of more than 10% compared to 2024. According to a report from The Washington Post, the decline will exceed $500 billion by the April 15 tax filing deadline. […] source: https://www.cryptopolitan.com/tax-revenue-collected-by-the-irs-drops-by-10/