President Trump's proposal to replace the IRS with an External Revenue Service to collect tariffs and duties from foreign countries to enrich American citizens is not feasible as the IRS has never ...

After Trump announced his proposal to establish the External Revenue Service, the announcement was met with backlash and opposition. Senator Ron Wyden of Oregon, a top Democrat, released a ...

The Trump administration is preparing to launch the "External Revenue Service," a new tariff-collecting agency which it hopes will contribute to the eventual elimination of the Internal Revenue ...

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs. “For ...

Trump announced in a post on Truth Social on Tuesday that he will create an "External Revenue Service," comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.

The Internal Revenue Service (IRS) building in Washington, September 28, 2020. REUTERS. Trump also vowed on the campaign trail to upend the current tax structure, promising no taxes on tips ...