President Donald Trump’s nominee for Commerce Secretary said on Monday that the “external revenue service” was born on the first day of the new administration.
“Last week he announced that we are going to return America to greatness by creating—today is its birthday—the External Revenue Service,” Lutnick said at a rally in Washington after President Trump was sworn into office.
Lutnick said that the U.S. had prospered when tax collection was focused on imports rather than incomes of domestic workers, echoing Trump’s praise of William McKinley. McKinley was a proponent of tariffs, viewing them as a means to protect American industries from foreign competition while ensuring that the government could fund itself without directly taxing the incomes of its citizens.
On Monday, Trump said he would
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