Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.

President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

Trump by no means forgot about tariffs, but he stopped short of imposing them on his first day in office, instead buying some ...

Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump 's financial agenda as treasury secretary.

It's impossible to predict the outcome of a random experiment. Yet that is the task that awaits us as we try to make sense of another Donald Trump era.

The 47th commander in chief told a boisterous crowd of supporters that he could also fire the IRS employees, many of whom had ...

One glaring concern: Tariffs are already collected by an ... we have relied on taxing our great people using the Internal Revenue Service (IRS),” President Trump said in a post on Truth Social ...

American President Donald Trump has signed hundreds of executive orders — the highest number within the shortest period in US ...

Criticizing the nation’s reliance on domestic taxes through the Internal Revenue Service ... I will create the External Revenue Service to collect tariffs, duties, and all revenue from foreign ...

Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates ...