Don’t Mess With Shulman 1

I guess IRS Commissioner Douggy Shulman wasn’t too happy with the proposed budget cuts to the IRS. He wrote his version of an angry letter to congress with the following:

“cutting the IRS budget by the contemplated levels would mean that front-line IRS
staffing levels must be substantially reduced, leading to a measurable decrease
of approximately $4 billion in revenue annually, or seven times the reduction in
IRS budget. In other words, these budget cuts will result in a direct increase
to the nation’s deficit.”

Or, in otherwords, ‘You cut our budget, we’ll cut yours.’

Just one more reason why you shouldn’t mess with us boring accountant types.