Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign nations "to enrich our citizens." ...
JD Supra1d
History of the US Customs Agency: Possible Implications of the Trump Administration’s ERS Announcement
The US Customs Agency, established in 1789 under the US Department of the Treasury, has undergone significant transformations throughout its ...
Kiplinger1d
Trump’s Pitch for an ‘External Revenue Service’ Agency Attempts to Shroud Who Pays for Tariffs
President Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations, but his plans have ...
Trump And The External Revenue Service: What Just Happened?
What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other ...
Project Syndicate2dOpinion
Trump’s Trade Scam
Stephen S. Roach points out that the new “External Revenue Service” would target domestic importers, not foreign producers.
Trump issues shock threat to 90,000 new IRS staff as he reveals where they may end up working under him
President Donald Trump has revealed what could be the fate of nearly 90,000 newly hired Internal Revenue Service (IRS) staff ...
Interest5d
Stephen Roach points out that the new US 'External Revenue Service' would target their domestic importers, not foreign producers
Stephen Roach points out that the new US "External Revenue Service" would target their domestic importers, not foreign ...
Trump, back in White House, readies tariff plan
Trump by no means forgot about tariffs, but he stopped short of imposing them on his first day in office, instead buying some ...