The heart bleeds: the IRS is downsizing

From Bloomberg:

The agency, which had 94,711 workers in fiscal 2010, plans to accept no more than 1,600 buyout applications. A second round of buyouts could follow. The Obama administration has said that as many as 4,000 IRS jobs could be cut over the next year, including some that would reduce tax enforcement and collections.

Some months ago the IRS was hiring 800 employees to go after corporate cheaters and offshore tax shelters.  I guess the word is that going after innocent Canadians and other Americans Abroad is as lucrative as they thought, and now they have to downsize.  As the Germans say, “Schade” from which we get the word Schadenfreude.

But this was my idea: that the IRS would want to tax the world, but that it would just not bringing enough income chasing people’s fleeing capital, and the mental midgets in Washington would eventually realize that its time to shrink government.  The only other choice is to devalue the dollar, after which no one will want to work for the government in any case, because its currency is worthless.

Perhaps it was premature of me to declare open war with the IRS. Maybe I should have just let them burn themselves out on their own.  My heart bleeds.  My enemy falleth on his own sword.

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