Trump announces plan to end IRS and replace it with an agency focused on FOREIGN TARIFFS

(Source: Natural News)

President-elect Donald J. Trump proposes creating a new External Revenue Service (ERS) to collect tariffs and foreign revenues, effectively ending the need for the Internal Revenue Service (IRS).

The plan marks a significant shift towards a trade-based revenue model, similar to the pre-1913 U.S. tax system, which relied primarily on tariffs.

Supporters, including former Rep. Ron Paul, argue that the ERS will reduce domestic taxation and promote economic growth, while critics, including Democrats and economists, warn of inefficiency and regressive.impacts.