President-elect Donald Trump plans to create an External Revenue Service. Here’s what that might mean for you.
N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border Protection agents.
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump, 78, has already warned that he will raise tariffs on foreign nations that fail to align with his strict immigration policies.
"For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS ... U.S. Customs and Border Protection (CBP). That dynamic has prompted pushback from ...
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.
WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has promised to create.
U.S. President-elect Donald Trump has proposed the creation of a new agency known as the “External Revenue Service” to collect tariffs, duties, and other revenue from foreign sources. Trump
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.
President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from other countries when he takes power next week. Newsweek has contacted the Trump transition team for comment via email.