U.S. Secretary of Commerce Howard Lutnick appeared on Fox News on Wednesday to discuss President Donald Trump’s plan to dismantle the Internal Revenue Service (IRS) as a step towards tax cuts.
Trump’s vision, Ratnic I said Jesse Watters Primetime will eliminate the IRS and foreign countries operating under the non-US flag, such as cruise ships and supertankers that are currently bypassing US taxes by registering in countries such as Liberia and Liberia. It depends on shifting tax burdens to organizations and businesses. Panama. He also pointed to similar practices in the alcohol industry, where foreign products enter the US market tax-free.
“His goal is to abolish the Internal Revenue Service and have all outsiders pay. This means that this is a person focused on America. Drive our waste, foreign abuse Let’s do it,” Lutnick told Watters.
Lutnick argued that he said it was a common method used by a large vessel to avoid taxation in the US. Under Trump’s proposed policy, these loopholes will be closed, redirecting financial liability to these outsiders and thus lowering tax rates for Americans in accordance with Trump’s plan.
“I give you an example, cruise ship. Have you ever seen a cruise ship with an American flag on its back? They have a Liberian or Panama flag. Any of them pay taxes. No. All supertankers pay no tax. Alcohol, all foreign alcohol, no tax,” Rutnick said.
Lutnick said the president’s plan would not stop just by reallocating tax burdens. He said the plan aims to balance the US budget and reduce personal taxes.
“This will end under Donald Trump, those taxes will be paid and Americans will be lowered. That’s what Donald Trump wants to do. Balance his budget and cut taxes. ” Lutnick said. “I mean, imagine a democratic senator against it. What planet are these people? Well, you’re speaking French.”
Gavin Kliger, a staff member of the Government Efficiency Bureau at Elon Musk, reportedly arrived at IRS headquarters to assess the agency’s operations. According to insiders cited by the outlet, Kliger requested details of the functionality, 90-day plans and current risks for each IRS business unit. (Related: “Geek Revenge”: Mike Huckabee says that Elon “destroys the biggest ‘thing’ of my life”)
July Pu Research Vote I said The IRS ranks as a few federal agencies where 50% of Americans are at a disadvantage, especially among Republicans who criticize allegations of bias against conservative, tax-free groups. 2017, the IRS I apologized They allow inappropriate requests for additional information from organizations such as the Linchpins of Liberty to impose excessive scrutiny and delays on these groups.
Conservatives also criticized the IRS following former President Joe Biden’s decision to add 87,000 new employees over a decade. Danny Warfel, appointed IRS commissioner by Biden; I was aiming He resigned from his position after Trump took office in April to increase his workforce to 100,000 as part of his modernization plan.
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