Trump wants to abolish IRS after tariff revenues make ‘whole economy explode,’ new Commerce secretary Howard Lutnick reveals
One of President Trump’s objectives over the next four years is to have US revenues from tariffs become so massive that the ...
Tariffs Can Mess With Tax Reform — It’s Happened Before
Joseph J. Thorndike examines how tariff policy in the 19th century slowed the introduction of the modern income tax.
Trump wants to ‘abolish’ the IRS and replace it with tariffs. Can it work?
No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in life are death and taxes. So the IRS is here to stay.
US tariffs: how Trump’s tax is hitting Big Tech and beyond
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...
Read My Lips: Tariffs Are Taxes
Tariffs are a tax, one that is—contrary to what you will hear from the former game-show host currently serving (incredible ...
VAT Vs. Sales Tax: What We Know As Trump Signs Reciprocal Tariffs
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...
Trump Says Value-Added Taxes Will Be Considered Tariffs: What To Know About His Reciprocal Tariff Plan—And Its Inflation Impact
President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are ...
Wisconsin’s Democratic governor calls for tax cuts, pushback on Trump’s tariffs
Wisconsin’s Democratic Gov. Tony Evers is proposing cutting taxes by nearly $2 billion, echoing a priority of Republicans.
Trump signs 'reciprocal' tariff plan for countries that tax US goods
President Donald Trump announced Thursday that the U.S. is now implementing reciprocal tariffs with U.S. trade partners.