Yahoo Finance By Vishesh Raisinghani
After rushing to file your taxes before the April 15 deadline, the fantasy of living in a world without the Internal Revenue Service (IRS) might feel especially tempting.
It’s certainly on the mind of President Donald Trump, who wants to “abolish the IRS,” according to Commerce Secretary Howard Lutnick.
Given this administration’s history of bold and sometimes outlandish ideas — from threaten to use force to invade Greenland to abolishing the Department of Education — their stated goal shouldn’t be dismissed outright.
Here’s how Trump and his allies in Congress are already taking steps to dismantle the national tax agency, and what that could mean for your finances…
READ FULL ARTICLE HERE… (finance.yahoo.com)
Home | Caravan to Midnight (zutalk.com)
Be First to Comment