Donald Trump said he would create an "External Revenue Service" aimed at collecting tariffs and foreign revenue on January 20.
Congresswoman Claudia Tenney (NY-24) has reintroduced the Diverting IRS Resources to the Exigent Crisis Today (DIRECT) Act, legislation aimed at reallocating funds from the Internal Revenue Service (IRS) to the U.S. Customs and Border Protection (CBP). Representative Brian Babin (TX-36) is an original cosponsor of the bill.
N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border Protection agents.
President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans.
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
President-elect Donald Trump plans to create an External Revenue Service. Here’s what that might mean for you.
Trump, 78, has already warned that he will raise tariffs on foreign nations that fail to align with his strict immigration policies.
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service "to collect tariffs, duties, and all revenue" from foreign sources as he readies new import tariffs ahead of his inauguration next week.
President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with economists arguing the proposed agency's name obscures who pays.
US President-elect Donald Trump said on Tuesday that he will create an External Revenue Service to collect tariffs and other revenue from fo
Donald Trump’s plan to establish the External Revenue Service and implement higher tariffs signals a bold shift in US economic policy, but critics question whether it will create more bureaucracy and raise consumer costs.