Trump Wants New Agency To Collect Money From Americans Who Import Goods - News Summed Up

Trump Wants New Agency To Collect Money From Americans Who Import Goods


“For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Advertisement“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,” he went on. January 20, 2025, will be the birth date of the External Revenue Service. About half of all Americans pay no income tax at all, although they do pay Social Security and Medicare taxes. While Trump’s statement says his “External Revenue Service” would start on the day of his inauguration, it is unclear how that would be possible.


Source: Huffington Post January 15, 2025 09:30 UTC



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