Internal Revenue Service

also referred to as: irs

9 statements across 5 episodes · 1 bullish · 7 bearish · 4 people on the record · first statement Aug 20, 2022 by Chamath Palihapitiya · said 76 times in 34 episodes since 2020 · across every show →

Mentions by year

brought up most by Chamath Palihapitiya (21), Jason Calacanis (19), David Friedberg (17), Howard Lutnick (4), David Sacks (4), Ezra Klein (2), Tucker Carlson (1), Scott Bessent (1)

tap a year for its mentions
0013525102020202120222023202420252026episodesmentions
05102020202120222023202420252026episodes it came up in
002.555102020202120222023202420252026episodesmentions per episode
2026 5 mentions in 3 episodes 2 per episode
2025 22 mentions in 10 episodes 2 per episode
2024 19 mentions in 7 episodes 3 per episode
2023 8 mentions in 4 episodes 2 per episode
2022 9 mentions in 2 episodes 5 per episode
2021 12 mentions in 7 episodes 2 per episode
2020 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Internal Revenue Service, oldest first

Aug 20, 2022 negative
Prediction Held up
Chamath: IRS will be unable to hire 87,000 new employees
“It'll be impossible for these guys to find 87,000 humans that want to work at the IRS.”
Chamath Palihapitiya Aug 20, 2022 ▶ 1:08:16 E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
Aug 20, 2022 negative
Prediction Didn’t hold up
Chamath: New IRS agents will target middle and upper-middle income taxpayers
“When you apply 87,000 people and task them incrementally with doing a job, it's not going to touch these folks that are already audited. It's going to touch the folks that are not audited, and by and large, a much, much larger majority of middle income and upp…”
Chamath Palihapitiya Aug 20, 2022 ▶ 1:21:37 E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
Mar 8, 2024 negative
Disclosure
Chamath: Facebook's Irish IP transfer triggered years of IRS litigation
“At Facebook, there was a period where, and this was public, so I can tell you, We transferred a lot of our IP to Ireland at one moment, and there was a transfer payment and whatnot. And then a few years afterwards, when everybody realized, including us, and we…”
Chamath Palihapitiya Mar 8, 2024 ▶ 7:44 E169: Elon sues OpenAI, Apple's decline, TikTok ban, Bitcoin $100K?, Science corner: Microplastics
Mar 8, 2024 negative
Prediction Open · timeframe Mar 2029
Calacanis: OpenAI will face severe IRS scrutiny over its corporate structure
“And I think this is where OpenAI is going to get super tripped up. And I think the IRS is going to have a field day here.”
Jason Calacanis Mar 8, 2024 ▶ 14:51 E169: Elon sues OpenAI, Apple's decline, TikTok ban, Bitcoin $100K?, Science corner: Microplastics
Mar 19, 2025 positive
Disclosure
Bessent: Treasury brought in Hunter Biden whistleblowers to reform IRS audits
“We had a big announcement on Tuesday, and we brought in the two Hunter Biden whistleblowers, who, they have a lot to say about who gets audited, who doesn't. They're gonna be sitting in this building, working on IRS matters, and understanding exactly how these…”
Scott Bessent Mar 19, 2025 ▶ 49:51 The Shocking Truth About DC Spending & Corruption - Scott Bessent
Mar 19, 2025 negative
Assertion Contradicted
IRS maintains same help desk staffing on Christmas Eve as April 14
“There's one very large department that everybody deals with on April 15th, that their help desk is fully staffed 24 seven, 365 days a year. They have the same number of people on Christmas Eve as they have on April 14th.”
Scott Bessent Mar 19, 2025 ▶ 48:20 The Shocking Truth About DC Spending & Corruption - Scott Bessent
Mar 29, 2025 negative
Disclosure
Palihapitiya: IRS has sued him and Zuckerberg for a decade over IP
“When I was helping to run Facebook, I was a signatory. When we were setting up Facebook abroad, we exported all of our IP to Ireland. And lo and behold, who do they sue? Zuck, Meta, and me. And we've been in this 10 year lawsuit, 15 year lawsuit with the IRS b…”
Chamath Palihapitiya Mar 29, 2025 ▶ 35:02 The AI Cold War, Signalgate, CoreWeave IPO, Tariff Endgames, El Salvador Deportations
Apr 11, 2025
Assertion Supported
Larry Summers: Less than 25% of people earning over $10M are audited
“Factually, less than a quarter of people with incomes over ten million dollars are audited.”
Larry Summers Apr 11, 2025 ▶ 1:31:10 The Great Tariff Debate with David Sacks, Larry Summers, and Ezra Klein
Apr 11, 2025 bearish
Prediction Not checkable as stated
Summers: DOGE cuts to IRS tax collection will increase the national deficit
“My belief is that the revenue loss from the Doge's destruction of Significant part of the functioning of our nation's tax collection system is likely to exceed in terms of contributing more to the deficit than any savings that it successfully realizes.”
Larry Summers Apr 11, 2025 ▶ 1:28:26 The Great Tariff Debate with David Sacks, Larry Summers, and Ezra Klein
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