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Treasury Secretary Scott Bessent said President Donald Trump is “moving forward” with efforts to revoke Harvard University’s ...
Unlike other presidential campaigns, Trump’s operation appears to have turned Secret Service travel into business income.
A recent legislative proposal by House Republicans, supported by former President Trump, has ignited a heated debate over its ...
Security systems manufacturer Napco (NASDAQ:NSSC) reported Q1 CY2025 results , but sales fell by 10.8% year on year to $43.96 ...
Trump proposes ending income taxes for those earning under $200K using tariff revenue, but experts doubt its feasibility.
Moreover, agreements with Britain and China have reduced overall tariff levels from recent highs, which will reduce the ...
Tariff revenues are up, but experts say they can’t replace income taxes due to economic and legislative limits.
“Donald Trump announced the ‘External Revenue Service,’ and his goal is very simple — to abolish the Internal Revenue Service and let all the outsiders pay,” Commerce Secretary Howard ...
And he reiterates plans to create an agency called the External Revenue Service, which has yet to be established. On his first day in office, Trump also says he expects to put 25% tariffs on ...
Rather than the IRS, Trump wants income generated through tariffs, or taxes on imported goods, to go through an External Revenue Service. Multiple acting commissioners of the IRS resigned in the ...