Donald Trump Internal Revenue Service

Trump, Revenue Service

Could Donald Trump's 'External Revenue Service' Work? Analysts Respond

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.

The Associated Press on MSN · 2d

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.

The Washington Post on MSN · 3d

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, IRS

USA TODAY on MSN · 12h

IRS head to resign 3 years before his term expires, as Donald Trump takes office

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.

The New York Times · 15h

I.R.S. Commissioner to Quit as Trump Takes Office

Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early and step down on Monday as President-elect Donald J. Trump takes office.

The Washington Post on MSN · 13h

IRS commissioner to resign as Trump eyes replacement

Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.

New York Post3d

Trump announces creation of External Revenue Service — here’s what new agency will collect

President-elect Donald Trump ... all foreign-sourced revenue, such as tariffs. “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS).

14hon MSN

IRS Commissioner Daniel Werfel says he’ll step down on Trump’s Inauguration Day

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration ...

12h

U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

21h

How Will Immigration Crackdowns Affect Restaurants?

The recent termination of workers in New York and Boston highlights the vulnerability of restaurant employees without legal ...

Government Executive1d

Trump nominees offer praise to career feds, but promise efficiencies

The president-elect's picks to lead EPA, State and other agencies struck a different tone toward civil servants than some ...

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

Scott Bessent faces bipartisan scrutiny in US Treasury confirmation hearing

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

8hon MSN

Gensler’s Gray Area: Will Trump Bring Clarity to Crypto?

CEOs, developers, and investors alike have faced years of vocal frustration over America's perceived failure to establish ...

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