March 25, 2025
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5:39Now PlayingThe IRS is predicting a 10% drop in the amount of taxes that it collects this year - meaning the US government is going to lose about $500 billion. But the drop isn't because people made less money - quite the contrary. The drop is due to the fact that wealthy tax cheats and businesses are using the chaos caused by Elon Musk's DOGE to simply not pay taxes because they are betting on the IRS not having the resources to come after them. Farron Cousins explains what's happening.
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