Millions of taxpayers are celebrating after Elon Musk confirmed that the Internal Revenue Service (IRS) will be audited under President-elect Donald Trump’s administration. The move is part of a larger effort to reduce waste and hold government agencies accountable.
Musk responded to a comment on social media suggesting the IRS be audited, writing, “Gonna happen.” His confirmation has energized taxpayers, many of whom have long criticized the agency’s aggressive enforcement tactics.
Under Biden, the IRS received an $80 billion funding boost to hire additional agents, sparking backlash from critics who argued the funds were used to target average Americans. Reports also reveal that hundreds of IRS employees owe millions in back taxes, fueling calls for stricter oversight of the agency.
Trump’s Department of Government Efficiency (DOGE) has identified significant areas for savings, including an estimated $2 trillion in wasteful spending. Auditing the IRS is a key part of this initiative to streamline federal operations.
The announcement has been met with enthusiasm from taxpayers, with one commenter joking, “I hope they’ve saved their receipts.” Others suggested the audit should extend to individual IRS employees.
This plan marks a significant step in efforts to increase transparency and fairness in the federal government. For taxpayers, it is a chance to see long-standing grievances against the IRS finally addressed.