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Trump, Revenue Service
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Trump says he will create new agency to collect revenue from foreign sources
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.
Trump says he’s creating ‘External Revenue Service’ for tariffs
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 says he'll create 'External Revenue Service' to collect tariffs, foreign revenue
"For far too long, we have relied on taxing our Great People using the
Internal Revenue Service
(IRS)," Trump wrote in a Truth Social post. "Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to ...
Trump: Tariffs to be collected by "External Revenue Service"
The president-elect's latest proclamation on Truth Social lacked details but appeared to reinforce his tariff plan
Trump proposes 'External Revenue Service' to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
Trump Gets Ridiculed For 'External Revenue Service' Proposal
The president-elect's proposed new agency was mocked because it duplicates what's already being done by other government agencies.
Trump announces ‘External Revenue Service’ to collect tariffs
The proposal is a contrast to the Internal Revenue Service, the country’s tax collection agency, which has faced harsh scrutiny from Republicans.
'Ignorant': Trump gets schooled as he proposes new agency to collect tariffs
Donald Trump called for the creation of a new federal agency dedicated to collecting the tariffs he's threatening to impose on U.S. trading partners — but he was quickly taught there's already a government entity that does that.
9h
Yellen says Trump's plan for new revenue agency won't save money for taxpayers
U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...
NewsChannel20
12h
Illinois Department of Revenue Announces Start of 2025 Income Tax Season
The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...
Axios on MSN
16h
IRS stimulus checks: Who is eligible to receive $1,400 payment, what to know
The Internal Revenue Service is sending out $2.4 billion in stimulus payments to approximately 1 million eligible taxpayers ...
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