Trump Announces Creation of External Revenue Service to Oversee Tariffs and Foreign Revenue

Trump Announces Creation of External Revenue Service to Oversee Tariffs and Foreign Revenue

Donald Trump the former US President and current president elect recently announced plans to establish a new federal agency called the External Revenue Service (ERS). This agency aims to collect revenue from foreign sources including tariffs and duties.  Trump’s vision marks a significant departure from traditional IRS tax collection methods emphasizing a shift towards holding … Read more