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

U.S. Secretary of Commerce Howard Lutnick discussed President Donald Trump's plan to abolish the Internal Revenue Service as part of a tax reduction plan during an appearance on Fox News.
Lutnick explained that Trump's strategy aims to shift the tax burden from Americans to foreign entities, including ships registered in countries like Liberia or Panama.
A Pew Research poll indicated that 50% of Americans view the IRS unfavorably, particularly among Republicans who criticize the agency for biases against conservative groups.
Lutnick emphasized that Trump's plan is to balance the U.S. Budget and lower personal taxes by closing foreign tax loopholes.

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Frankfurter Allgemeine

Trump plans radical restructuring of the US tax administration

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.

24 hours ago·Frankfurt, Germany

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WLTReport

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…

18 hours ago

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The Times

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

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1 day ago·United Kingdom

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tfppwire.com

Trump’s Commerce Secretary Makes Bombshell Announcement: Trump's Plan to Abolish the IRS

https://www.dailywire.com/news/trump-cutting-roughly-6000-jobs-at-irs-report The Trump administration is taking bold steps to reshape the U.S. tax system, with Commerce Secretary Howard Lutnick stating that the goal is to abolish the IRS entirely. As part of this plan, thousands of IRS workers are set to be laid off this week, signaling the start of a major government shake-up. Key Facts: Around 6,000 IRS employees are being laid off this Thurs…

1 day ago

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CNN

+3 Reposted by 3 other sources

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.

1 day ago·Atlanta, United States

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