Commerce Secretary Howard Lutnick said Wednesday evening President Trump’s goal is to “abolish” the Internal Revenue Service (IRS).The big picture: Lutnick’s remarks on Fox News, which come as the IRS is reportedly poised to lay off thousands of workers, build on a pledge Trump made to create an “External Revenue Service” to oversee tariffs and other potential foreign revenue.Trump has also floated the idea of abolishing federal income taxes as part of his plans of “tariffing and taxing foreign nations to enrich our citizens.”Driving the news: Lutnick said on Jesse Watters Primetime that Elon Musk… lutnick-irs-abolish” target=”_blank”> » …
Commerce Secretary Howard Lutnick says Trump’s goal is to “abolish” the IRS
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