ilmscore | Prediction Details
"second what most people don't know is that the tax cuts and jobs Act is already set to expire at the end of 2025. so in three more years if nothing else is done we'll eventually return back to higher corporate income tax rates higher tax brackets and lower deductions anyway Now realistically by by the time that happens it'll either be extended or something else will be put in its place but the current tax code is not meant to last indefinitely and it will change in one way or another the third I'm not against paying higher taxes if the money is put to a good purpose for example it's no surprise that the IRS needs more funding and the fact that only three percent of calls get answered is a huge problem I've had numerous instances where documents are lost information gets too long to be updated in their system or refunds take months to process versus days or weeks obviously I get it they're understaffed and there's no way to service everybody but that's where the money should be prioritized because what's the point of paying higher taxes if there's no one at the IRS to help the people who have questions"
By Graham Stephan | March 30, 2022 | Pending
From video
It Started: My Thoughts On The Joe Biden Tax Plan 00:09:44 - 00:10:39
Interpreted Prediction
The IRS is severely understaffed and needs modernization, with only 3% of calls being answered. Increased funding should be prioritized for the IRS to handle tax-related issues effectively, suggesting that higher taxes would be more justifiable if the IRS were better equipped.

Prediction Details

Topic
IRS Modernization

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