Friday, January 17, 2025

External Revenue Service will begin on Jan. 20, Inauguration Day

Donald Trump announced Tuesday that he will create a new agency called the External Revenue Service to collect tariffs, duties, and other foreign revenues

“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 the World, while taxing ourselves. It is time for that to change.”

“I am today announcing that I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share,” he added. [Catholicvote.org]

Read more about External Revenue Service

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