Trump Unveils New IRS-Style ‘External Revenue Service’ to Collect Tariffs and Duties From Foreign Countries
By Tom Ozimek President-elect Donald Trump has unveiled plans to create the External Revenue Service (ERS), a new agency modeled after the IRS but aimed at collecting tariffs, duties, and revenues from foreign countries rather than U.S. taxpayers. Trump announced the plan in a Jan. 14 post on social media, in which he framed the proposal as a move to shift the financial burden of…
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