DeKalb GA News

The Trump administration has announced plans to dismantle the Internal Revenue Service (IRS) and replace it with a tariff-based system. This proposal, revealed by Commerce Secretary Howard Lutnick, aims to reduce taxes for Americans while increasing financial pressure on foreign entities.

Lutnick confirmed the administration's intentions shortly after his Senate confirmation, which concluded with a 51-45 vote. He explained that the goal is to establish an "External Revenue Service" that would collect funds from international competitors. According to Lutnick, this initiative is designed to abolish the IRS and shift the tax burden away from American citizens.

"The goal is to abolish the IRS and make foreigners pay," Lutnick stated. The plan suggests that eliminating income taxes will lead to more money in Americans' pockets and reduce what some see as government overreach.

The proposal has been met with enthusiasm from Trump's supporters, who view it as a step towards reducing governmental control. Critics, however, have expressed concerns about the feasibility and implications of such a significant overhaul of the tax system.

While Democrats have voiced their opposition, describing the plan as "madness," proponents argue that it aligns with Trump's long-standing efforts to eliminate income taxes and challenge established bureaucratic structures.

This announcement marks another chapter in Trump's ongoing campaign against what he describes as "tax-collecting parasites." As discussions continue, both supporters and critics are closely monitoring how this proposal will unfold in practice.