Internal Revenue Service = The Accounts Receivable Department for the Federal Government

The role of the IRS is akin to the role of the accounts receivable department of any large or small business. Its job is to collect what is owed and it does that quite well, on a very small budget. It is both good business sense and commonsense to provide the revenue collectors with the resources necessary to collect all the revenue owed but the White House is unwilling to do this. Rather than provide additional resources, the administration sent the work of collecting the nation’s unpaid taxes to private sector debt collectors. As illustrated below, this is a bad decision.