1. Besides the current IRS, Republicans want another source of tax income. They will create an “Exterior Revenue Service” (ERS) which will be directed at the working class. Republicans are desperate to find new sources of income in order to pay for a HUGE $4.6 Trillion tax cut for the rich. It appears the GOP want the working-class to subsidize the rich getting much, much richer!
2. The new ERS will be the mechanism to collect the revenue from the Republican planned Tariffs on international trade. Businesses buying international products to sell to Americans will pay a trade tariff tax that will be passed on to consumers. This is a horrible regressive tax on the most vulnerable group in America.
3. If Republicans want to find a source of tax revenue, then they should terminate any plans for a $4.6 trillion tax cut benefiting the rich. The rich do NOT need a tax cut. They are drowning in excess cash/profits. Tax the rich, not the working class!