The President-elect announced plans to create a new agency to collect tariffs and other revenues from foreign nations, though ...

Trump also criticised the current reliance on domestic taxes through the revenue-service"Internal Revenue Service (IRS) and emphasised the need for foreign entities benefiting from trade with the ...

The relevant excerpt reads as follows: “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements ...

And I think that the words "Internal Revenue Service" strike fear in the hearts of many American taxpayers. And the purpose of an external revenue service would be to look at exactly that," the ...

The External Revenue Service would collect tariffs similarly to how the Internal Revenue Service collects domestic taxes. Donald Trump made the pledge to create the ERS through a post on Truth ...

The US in creating an external revenue service to collect tariffs. This is re-opening negotiations for all trade and other relationships with all other countries. It is the threat of actions and ...

President Joe Biden’s departing trade chief called President-elect Donald Trump’s idea of using revenue from tariffs to replace income taxes “very, very dangerous,” saying it would hurt lower-earning ...

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration ...

He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector. The creation of a new agency requires an act of Congress, and Republicans hold the ...

He compared his planned creation to the Internal Revenue Service, which is the nation’s domestic tax collector. The creation of a new agency requires an act of Congress, and Republicans hold the ...

introduced would take funds that that the Inflation Reduction Act adopted during former President Joe Biden’s administration provided to boost the Internal Revenue Service, and reallocate them ...

Even if Donald Trump vastly expands the use of tariffs as president, it’s unlikely he’ll collect enough revenue to replace the more than century-old federal income tax system. President-elect ...