IRS Funding and Corporate Zero-Tax Debates
Key Questions
What IRS funding boost is proposed?
Senators King and Warren propose an $83B IRS boost for audits and technology, targeting $998B in revenue. This addresses corporate tax avoidance.
How many corporations paid zero taxes in 2025?
88 corporations paid $0 in taxes on $105B income in 2025. Economists urge a measured 2026 tax fix to avoid TCJA pitfalls.
What do economists say about U.S. tax reform?
Economists recommend not rushing U.S. tax fixes despite market needs for government commitment. A measured approach is advised for 2026 reforms.
Senate King/Warren $83B IRS boost for audits/tech eyes $998B revenue; 88 corps $0 on $105B 2025 income; economists urge measured 2026 tax fix avoiding TCJA pitfalls.
Sources (2)
Updated Apr 20, 2026