- CryptoNerd
- Posts
- The External Revenue Service: Trump’s Radical Tax Reform Unpacked
The External Revenue Service: Trump’s Radical Tax Reform Unpacked
CryptoNerd Academy Exclusive Analysis
Start learning AI in 2025
Everyone talks about AI, but no one has the time to learn it. So, we found the easiest way to learn AI in as little time as possible: The Rundown AI.
It's a free AI newsletter that keeps you up-to-date on the latest AI news, and teaches you how to apply it in just 5 minutes a day.
Plus, complete the quiz after signing up and they’ll recommend the best AI tools, guides, and courses – tailored to your needs.
Table of Contents
Introduction: A Paradigm Shift in Taxation
Donald Trump’s proposal for the External Revenue Service (ERS) marks a monumental shift in how the U.S. government could collect revenue. By abolishing income taxes and replacing them with tariffs on imported goods, Trump aims to create a system where Americans retain their full earnings, while the financial burden shifts to foreign exporters trading with the U.S.
This detailed analysis explores the feasibility, implications, and potential global ripple effects of the ERS. With expanded descriptions, comprehensive case studies, and economic modeling, this guide offers a thorough understanding of Trump’s bold tax reform proposal.
Reply