Either tariffs raise revenue from foreign imports or make imports expensive enough to protect domestic producers, not both. There is nothing magical about ...
President Donald Trump announced a new “External Revenue Service” that would be tasked with collecting revenue from tariffs, ...
No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in ...
Despite Trump's pledge to create an ERS and his order to freeze hiring at the IRS, nothing in the law has changed. That means ...
President Donald Trump wants to abolish the Internal Revenue Service and create an “external” revenue service that will ...
Commerce Secretary Howard Lutnick revealed Wednesday evening that President Donald Trump’s goal was to abolish the Internal Revenue Service (IRS). Lutnick also added that Trump wanted to create an ...
United States Commerce Secretary, Howard Lutnick, has said President Donald Trump’s goal is to ‘abolish’ the Internal Revenue ...
"I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources." Social media posts followed, predicting that ...
A new study reveals that Donald Trump’s proposal to replace federal income taxes with tariffs could save the average American ...
The commerce secretary said Trump's aim is to "abolish the Internal Revenue Service and let all the outsiders pay." ...