Commerce Secretary Howard Lutnick says Trump's goal is to "abolish" the IRS

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Trump’s New Commerce Secretary Confirms Plans to Abolish the IRS

One of President Donald Trump’s newest Cabinet picks said that the administration is aiming to abolish the IRS and rely on tariffs and other revenues. “His goal is to abolish the Internal Revenue Service and let all the outsiders pay,” Commerce Department Secretary Howard Lutnick told Fox News on Wednesday night. “As the president said, reciprocal tariffs, either you bring yours down or we’re going to bring ours up. If we go to their level, it w…

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The Answer to 1913 Is 2025: 3 Charts That Show Why the Income Tax, the IRS and the Federal Reserve Should All Be Abolished

(The Economic Collapse Blog)—Most Americans don’t know that for much of U.S. history there was no federal income tax and there was no central bank.  But now everyone assumes that we must have a federal income tax and a central bank in order to have a functioning society.  Today, there are just a handful of nations that do not have an income tax, and more than 99 percent of the entire population of the globe lives in a country that has a central …

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Trump’s New Commerce Secretary Confirms Plans to Abolish the IRS - The Thinking Conservative

One of President Donald Trump’s newest Cabinet picks said that the administration is aiming to abolish the IRS and rely on tariffs and other revenues. The post Trump’s New Commerce Secretary Confirms Plans to Abolish the IRS appeared first on The Thinking Conservative.

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WHOA: Commerce Secretary Howard Lutnick Reveals "Trump's Goal Is to Abolish The IRS"

President Trump’s Commerce Secretary Howard Lutnick just dropped a huge bombshell while speaking with Jesse Waters of Fox News. And, I do not mean that lightly. Lutnick confirmed that President Trump’s “goal is to abolish the Internal Revenue Service and let all the outsiders pay.” He expanded on that idea, explaining that President Trump plans to replace the IRS with the ERS — External Revenue System — which would be funded through tariffs from…

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The US President is working on closing the IRS domestic tax administration. State revenues are to be generated by customs duties and taxes on foreigners. Experts doubt the feasibility.

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Trump will scrap federal income tax and abolish IRS, ally suggests

Howard Lutnick, the new commerce secretary, says president’s tariffs will raise revenue while Elon Musk cuts costs